Pakistan has sought support from Washington to unlock a stalled International Monetary Fund programme that would release $1.1 billion to its strained economy as the country rebuilds after last year’s devastating floods, Dawn newspaper said on Thursday. The IMF and Pakistan signed a $6 billion bailout in 2019, which was topped up with another $1.1 billion last year, but that came with conditions attached, aimed at reducing the budget deficit before the loan is released.
Pakistan seeks U.S. help in unlocking $1.1 bln IMF loan – Dawn
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