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✦ 78◉ Factual
IMF's Executive Board approves $1.3bn financing for Pakistan's reform programme, flags heightened risks from Middle East war
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The IMF's Executive Board has approved a $1.32 billion financing tranche for Pakistan's economic reform programme, with the Finance Minister confirming the decision reflects progress on structural reforms; the IMF also noted heightened risks from Middle East tensions.
IMF's Executive Board approves $1.3bn financing for Pakistan's reform programme, flags heightened risks from Middle East war
WASHINGTON: The International Monetary Fund’s (IMF) Executive Board on Friday approved the latest review of Pakistan’s reform programme, paving the way for the release of $1.32 billion in financing under the ongoing arrangements.
In Islamabad, Finance Minister Muhammad Aurangzeb also confirmed the approval, saying the decision reflects Pakistan’s continued progress on difficult but necessary economic reforms.
The approval was given at a meeting of the IMF Executive Board in Washington, DC, refle
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