Pakistan says the IMF has approved a $7 billion loan

  • Posted on September 25, 2024
  • By Business News Today
  • 3 Views
Pakistan says the IMF has approved a $7 billion loan

The International Monetary Fund has approved a $7 billion loan for Pakistan, to be disbursed over 37 months. This decision follows more than two months of negotiations and is aimed at revitalizing Pakistan's struggling economy. Prime Minister Shehbaz Sharif expressed gratitude to the IMF and friendly nations like China for their support.
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