SITUATION REPORT

Pakistan: IMF Preliminarily Agrees to Provide $6 Billion Loan

May 13, 2019 | 14:01 GMT

The International Monetary Fund (IMF) has preliminarily agreed to provide Pakistan with a $6 billion loan over 39 months to help Islamabad avoid a default amid the country's low foreign exchange reserves and rising current account and fiscal deficits, Dawn reported May 12....

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