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IMF reaches $3B bailout agreement with Pakistan
04:13
Asia Pacific
IMF reaches $3B bailout agreement with Pakistan
The IMF has reached a staff-level pact with Pakistan on a $3-billion stand-by agreement, the lender says, a decision long awaited by the South Asian nation, which is teetering on the brink of default. Khaqan Najeeb, former advisor to Pakistan’s Ministry of Finance, has more.
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