As on this week end Pakistan's forex reserves climbed remarkably with a rise of US dollar (.13bn) reserves being the most prominent. Officials say that this rise is caused by increased remittances and increased exports.
Flood relief grants has also played a major role in this increasing trend. IMF's tranches has also added to this cause. However IMF's next tranche is co-related to the piling up of taxes and the related revenue by the introduction of reformed sales tax.
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