Pakistan clinches last-gasp $3 billion IMF bailout ...Middle East

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Pakistan clinches last-gasp $3 billion IMF bailout
source : Devdiscourse ( Middle East ) () 58
Pakistan secured a badly-needed $3 billion short-term financial package from the International Monetary Fund on Friday, giving the South Asian economy respite as it teeters on the brink of default. In a long-awaited decision for Pakistan, the IMF said it had reached a staff-level deal with the 220 million nation, which will now be subject to approval by its board in July.

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