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ISLAMABAD: In a most sought-after development, the International Monetary Fund (IMF) has okayed the third and final tranche of a $1.1 billion loan for Pakistan under the $3 billion Stand-By Arrangement (SBA), sources told Geo News on Monday.
According to the Ministry of Finance sources, the IMF will soon issue an official statement regarding the approval.
The development came after the IMF Executive Board’s meeting reviewed the Pakistan’s case for the release of funds.
More to follow…
