Comment on IMF Reaches Deal With Pakistan to Revive $6 Billion Bailout

IMF Reaches Deal With Pakistan to Revive $6 Billion Bailout

ISLAMABAD (AP) — The International Monetary Fund said Thursday it had reached a preliminary agreement with Pakistan to revive a $6 billion bailout package for this impoverished Islamic nation, which has been facing a serious economic crisis since last year. Pakistan and the IMF originally signed the accord in 2019. But the release of a slightly over $1 billion tranche had been on hold since earlier this year.

 

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