Tag Archives: IMF okays $6bn package to ‘foster strong growth’

WASHINGTON: The Executive Board of the International Monetary Fund (IMF) on Wednesday approved a $6 billion bailout package for Pakistan and immediately released $1bn to ease a sustained pressure on the country’s foreign exchange reserves. Read: Pakistan reaches agreement with IMF, to receive $6 billion over 3 years The package, which supports the government’s efforts to revive the country’s ailing …

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