Pakistan, IMF agree on $5.3 billion loan deal

ISLAMABAD: The government of Pakistan Thursday agreed to a $5.3 billion loan deal with International Monetary Fund (IMF) to boost its foreign exchange reserves, fight an acute energy crisis, and prop up depreciating rupee, Geo News reported.
"The government of Pakistan and IMF have reached an agreement for a three-year programme of at least 5.3 billion dollars under an extended fund facility," Finance Minister Ishaq Dar announced during a joint