Thursday, 22 August 2013

Pakistan formally applies for $6.6 bn IMF loan

ISLAMABAD( Web Desk): Federal Minister for Finance, Senator Ishaq Dar Thursday said that Pakistan has submitted a formal application with the International Monetary Fund (IMF) for a loan program which the latter is expected approve by September 4.
“A formal request has been dispatched to IMF for the loan program and it is expected that the Fund will grant approval to the same by September 4,” Dar said while talking to Geo News here.
Pakistan is expected to receive 6.6 billion dollar loan

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