ISLAMABAD: The International Monetary Fund (IMF) has approved a $502 million tranche for Pakistan.According to a statement issued by the Ministry of Finance here on Friday, IMF board meeting in Washington considered the 10th review report of the Extended Fund Facility (EFF) supported programme and approved the next tranche of $502 million for Pakistan. The Pakistan-IMF talks for the 10th Review, it may be mentioned, were held in Dubai in the first week of February. Finance Minister Ishaq Dar has welcomed the approval accorded by the IMF board. He said the process of economic reforms undertaken by the present government under the leadership of Prime Minister Nawaz Sharif had led the country to a stage where it had achieved macro-economic stability and was now well set on the path to economic growth.
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