Pakistan's powerful military has agreed in a rare move to cut its hefty budget for a year to help ease the South Asian country's "critical financial situation", Prime Minister Imran Khan said. Pakistan has struck an agreement in principle with the IMF for a $6 bn loan but Islamabad is expected to put in place measures to rein in a ballooning fiscal and current account deficits to get access to the funds.

from Times of India https://timesofindia.indiatimes.com/world/pakistan/in-rare-move-pakistan-military-agrees-to-budget-cut-amid-economic-woes-pm-imran-khan-says/articleshow/69661247.cms