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India gets lavish praise, Pakistan bailout loan from IMF: Contrasting tales of ‘midnight’s children’

In a sign of the difference in the two countries’ standings, while IMF chief Kristalina Georgieva dubbed India ‘a key growth engine’ for the world and praised ‘bold’ reforms, cash-strapped Pakistan has bagged another bailout loan from the IMF to the tune of $1.2 billion to keep its economy afloat.

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