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World Business Report: First broadcast 12/07/2023 21:32 GMT : IMF approves $3 billion bailout for Pakistan

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IMF approves $3 billion bailout for Pakistan

First broadcast 12/07/2023 21:32 GMT 

First broadcast 12/07/2023 21:32 GMT : IMF approves $3 billion bailout for Pakistan

BBC World Service - World Business Report, IMF approves $3 billion bailout for Pakistan

IMF approves long-awaited $3 billion bailout for Pakistan

Pakistan secures final approval from the IMF board for $3 billion bailout.

After a many months of discussions, Pakistan has won final approval to borrow $3 billion from the International Monetary Fund. The deal will unlock long-awaited funding from other lenders that should help ease the nation’s dire need for cash and rescue its economy.

(Picture: Pakistan day independence or national day celebrations on the city streets, where crowd is motivated to join the parade and cheering with Pakistan flags. Picture credit: Getty Images)

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First broadcast 12/07/2023 21:32 GMT : IMF approves $3 billion bailout for Pakistan

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