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The International Monetary Fund (IMF) has announced an “immediate disbursement” of a loan tranche worth around $1.1 billion to Pakistan to help stabilize crumbling economy of the South Asian country. The decision came late Monday after the IMF Executive Board completed the second review under the Stand-By Arrangement (SBA) to complete a total loan of $ 3 billion agreed under a deal last year. However, the global lender underlined the need for concentrated efforts for sustainable recovery. “To move Pakistan from stabilization to a strong and sustainable recovery the authorities need to continue…

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