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Pakistan Secures $3B Stand By Deal with IMF: A Game-Changing Move II Informative Ayesha
Pakistan Secures $3B Stand By Deal with IMF: A Game-Changing Move II Informative Ayesha
Pakistan secured a $3 billion stand-by deal from the IMF Stand-By Arrangement on Monday, following months of negotiations. This move is seen as a game-changer for the country, as it marks the first time the IMF has provided a stand-by loan to Pakistan in over a decade.
This news comes after months of political turmoil in Pakistan, with the country facing several economic challenges. The IMF deal will help to stabilize the economy and support growth. It's a big step forward for Pakistan, and we'll be keeping a close eye on developments over the coming months.
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