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The agency says it needs bilateral support to achieve its goals
Pakistan has agreed to a three-year $7 billion loan from the International Monetary Fund (IMF), following the completion of an earlier $3 billion standby agreement.
The IMF said on July 12 that its latest Extended Financing Facility (EFF), the institution’s 24th loan to Pakistan, will help stabilize and grow the country’s struggling economy.
Pakistan’s economy has deteriorated due to the effects of heavy floods and a protracted political crisis since June 2022. The current government was formed by the prime minister.
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