IMF deal with Pakistani regime would revive $6 billion bailout

Source: ABC News

“The International Monetary Fund said Monday that weeks of talks with Pakistan have produced a preliminary agreement toward reviving a $6 billion economic bailout for the Islamic nation. Pakistan and IMF originally signed the accord in 2019, but the release of a key installment had been on the hold since earlier this year. That’s when the fund expressed reservations about a delay in Pakistan’s compliance with conditions of the bailout. The IMF statement Monday said that under latest proposal, IMF would disburse about $1 billion to Pakistan, bringing the total disbursement out of the $6 billion bailout to about $3 billion since 2019, according to the statement.” (11/22/21)

https://abcnews.go.com/International/wireStory/imf-deal-pakistan-revive-billion-bailout-81323591