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HomeBusinessIMF board approves $1.22 billion disbursement to Pakistan

IMF board approves $1.22 billion disbursement to Pakistan

May 8: The International Monetary Fund executive board on Friday reached a staff-level agreement on Pakistan’s loan program, unlocking $1. 22 billion in fresh funding, the fund said. The decision allows for an immediate disbursement of around $1. 1 billion under the Extended Fund Facility and around $220 millio

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