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India-Pakistan |
IMF approves $7.6bn package for Pakistan |
2008-11-25 |
The International Monetary Fund's (IMF) executive board has formally approved a $7.6 billion bailout package for Pakistan, a private TV channel reported on Monday. A Finance Ministry official said that the first instalment of $3.2 billion would reach the State Bank of Pakistan in seven to 14 days, the channel added. However, the channel said that the IMF had asked Pakistan to reduce its non-development expenditures. |
Posted by:Fred |
#3 Just light it on fire and save the postage. |
Posted by: Hellfish 2008-11-25 20:22 |
#2 They have to pay for those chicom jets they just bought somehow... |
Posted by: 3dc 2008-11-25 13:42 |
#1 End the UN. Terminate the IMF. |
Posted by: Woozle Elmeter 2700 2008-11-25 10:01 |