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    <title>Head bowed, self-respect compromised: Pakistan PM on foreign loan humiliation</title>
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    <description>Pakistan acknowledged that seeking external loans requires concessions and creates binding obligations that can compel implementation of lenders&#039; demands. The government simultaneously announced targeted economic measures-reducing electricity tariffs by PKR 4.04 per unit, lowering wheeling charges to PKR 9, and cutting the export refinance rate from 7.5% to 4.5%-to support industry and exporters while managing foreign financing dependence.</description>
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