IMF approves US$1.4b in coronavirus aid to Pakistan

    Published Thu, Apr 16, 2020 · 11:13 PM

    [WASHINGTON] The IMF on Thursday approved nearly US$1.4 billion in emergency aid to Pakistan to help it weather the impact of the coronavirus pandemic.

    "While uncertainty remains high, the near-term economic impact of Covid-19 is expected to be significant, giving rise to large fiscal and external financing needs," the international lender said in a statement.

    AFP

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