Tag Archives: cash-strapped nation

IMF Approves $3 Billion Bailout Program for Pakistan

The International Monetary Fund’s board has given its approval to a significant bailout program of $3 billion for Pakistan. This move includes the immediate disbursement of approximately $1.2 billion, aimed at stabilizing the economy of this South Asian nation. Last month, Pakistan and the IMF reached a staff-level agreement, securing a short-term pact that provided… Read More »