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09 Feb 2011 10:50

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World: Rough budget conditions behind Pakistan’s dissolving cabinet

  • 60 the number of ministers and junior ministers that just stepped down from the Pakistani cabinet
  • under 40 the number of folks that will likely replace those 60 people, according to reports source
  • » Why did they dip out? Budget issues. The International Monetary Fund gave the country a stern warning back in December to avoid slippage in their financial situation. Their budget deficit is forecasted to be 4.7 percent of gross domestic product for the current fiscal year. To convince Pakistan to fix their situation, they withheld part of its loan to the country.

05 May 2010 11:16

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World: Thailand’s red shirts on deal with prime minister: Try again, dude

After two months, they’ve reached a sorta-agreement with the prime minister. But they won’t leave until parliament gets a dissolution date. So much for making things easy. source