IMF board approves $700mln loan for Pakistan

ISLAMABAD: The International Monetary Fund (IMF) executive board on Thursday approved the $700 million loan for Pakistan, ARY News reported, quoting the finance ministry.

According to the Finance Ministry, the IMF approved the first review of Pakistan’s $ 3 billion stand-by arrangement (SBA).

The finance ministry officials said that the board’s approval has allowed an immediate…

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News Source: arynews.tv