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Pakistani PM approves IMF agreement

Thursday, 9 February 2023


Pakistan's Prime Minister Shahbaz Sharif has approved a deal with the International Monetary Fund (IMF) and all matters over the bailout programme are settled, local broadcaster Geo said on Thursday, citing sources.

Cash-strapped Pakistan had been due to wrap up talks on Thursday with the IMF in a bid to unlock stalled funds from a $6.5 billion bailout to ward off economic meltdown, according to Reuters.