IMF approves $3 billion bailout for Pakistan

Available for over a year

After a many months of discussions, Pakistan has won final approval to borrow $3 billion from the International Monetary Fund. The deal will unlock long-awaited funding from other lenders that should help ease the nation’s dire need for cash and rescue its economy. (Picture: Pakistan day independence or national day celebrations on the city streets, where crowd is motivated to join the parade and cheering with Pakistan flags. Picture credit: Getty Images)