IMF approves $500 million disbursement to Pakistan
WASHINGTON (Reuters) - The International Monetary Fund said on Wednesday that it completed delayed reviews of Pakistan’s $6 billion loan program, clearing the way for an immediate disbursement of about $500 million to Islamabad for budget support.
The IMF said in a statement that the latest payment brings total disbursements under the Extended Fund Facility to $2 billion since the program was first approved in July 2019.
Reporting by David Lawder; Editing by Leslie Adler
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