Will the IMF’s $7 Billion Bailout Stabilize Pakistan’s Economy

The International Monetary Fund (IMF) has approved a $7 billion loan for Pakistan aimed at helping the South Asian nation stabilize its economy. After assuming power earlier this year, Pakistan's new coalition government led by the Pakistan Muslim League-Nawaz (PML-N) had approached the IMF for the 25th time for a loan. On September 12, Pakistani Prime Minister Shehbaz Sharif said his country had met all the conditions set by the IMF to qualify for a new loan. And on September 25, the IMF signed a formal approval of the loan.

Public link

Please use the above public link if you want to share this noodl on another website.