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IMF approves much-awaited $3 billion bailout for Pakistan, saving it from defaulting on debt

Por: ABC News World July 12, 2023

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ISLAMABAD -- The International Monetary Fund on Wednesday approved a much-awaited $3 billion bailout for Pakistan, the global lender said, a move that's likely to save the impoverished Islamic nation from defaulting on its debt repayments.The IMF said its executive board approved an agreement to release the funds over a nine-month period to support Pakistan's economic stabilization program. The announcement comes less than two weeks... + full article



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