IMF’s historic funding takes effect, $2.7bn for Pakistan

IMF’s historic funding takes effect, $2.7bn for Pakistan
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Updated 24 August 2021 12:22
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IMF’s historic funding takes effect, $2.7bn for Pakistan

IMF’s historic funding takes effect, $2.7bn for Pakistan

August 24: Dawn reported that the International Monetary Fund’s (IMF) largest-ever allocation of $650 billion in Special Drawing Rights (SDR) became effective on Monday and can bring about $2.7 billion of additional funding for Pakistan as well.

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