Wednesday, 27 October 2021

Tag Archives: loan package

IMF approves $6b loan package for Pakistan

NEW YORK: The International Monetary Fund Executive board approved a three-year, $6 billion loan package for Pakistan to rein in mounting debts and stave off a looming balance of payments crisis, in exchange for tough austerity measures. Board approval will allow immediate disbursement of around $1 billion, with the remainder ...

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