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 after Pakistan and the IMF agreed to the nine-month plan following a series of meetings with Prime Minister Shehbaz Sharif, Finance Minister Ishaq Dar and other officials.

#pakistan #imf #pakistannews #worldbank

Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video.

All you need to do is PRESS THE BELL ICON next to the Subscribe button!

India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.

Stay tuned for latest updates and in-depth analysis of news from India and around the world!

Download App: [ Ссылка ]
Follow us: Official website: [ Ссылка ]

Twitter: [ Ссылка ]

Facebook: [ Ссылка ]

свернуть