Pakistan-IMF Loan Accord Likely Today
Monday, November 24, 2008 at 10:45 am
NEW YORK: The official signing of loan agreement between Pakistan and International Monetary Fund (IMF) is likely taking place today (Monday) after which the first instalment will be released.
IMF has approved $7.7 billion for Pakistan.
After the approval the money will be transferred today to the State Bank of Pakistan’s account in New York, sources said.
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