Wednesday, July 12, 2023

Pakistan secures final IMF approval for $3 billion bailout July 12, 2023 at 07:25AM

The International Monetary Fund's board approved a $3 billion bailout programme for Pakistan on Wednesday, the lender said, which will immediately disburse about $1.2 billion to help the South Asian country.Pakistan and the Fund reached a staff level agreement last month, securing much-needed funding for the cash-starved nation.

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