Pakistan receives initial approval for $1.1bn IMF payout, pending executive board approval.
Pakistan secures initial approval for $1.1bn IMF payout, subject to executive board approval. The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan for the release of the final tranche from a $3bn bailout program. This comes as Pakistan continues to face economic challenges. The agreement is pending final approval from the IMF's executive board.
March 19, 2024
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