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Pakistan minister Bilawal Bhutto Zardari urged the world to continue to help the nation recover from the floods ahead of a UN conference to mobilize funding. Pakistan is facing an economic crisis with reserves covering one month of imports, a dollar shortage and a delay in its loan program with the IMF. Investors are concerned about the nation’s ability of its debt, with long-term dollar bonds continuing to trade at distressed levels despite the payment of a $1 billion bond this month.
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