Pakistan secures $1.2 billion IMF tranche after staff-level agreement

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Pakistan and the International Monetary Fund have reached a staff-level agreement on policy measures. This deal paves the way for the disbursement of a $1.2 billion loan tranche. The agreement is part of a larger $3 billion standby arrangement secured last year. The funds are crucial for Pakistan to stabilize its struggling economy and meet external financing needs. The final approval is contingent on the IMF Executive Board's review.

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