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  2. The International Monetary Fund said Monday that weeks of talks with Pakistan have produced a preliminary agreement toward reviving a $6 billion economic bailout for the Islamic nation. Pakistan and IMF originally signed the accord in 2019, but the release of a key installment had been on the hold since earlier this year.
    thediplomat.com/2021/11/imf-deal-with-pakistan-wo…
    Under the deal, Pakistan will receive the final tranche from the bailout that was approved by the IMF in July to save the nation from defaulting on its debt repayments. An IMF statement said it “has reached a staff-level agreement with the Pakistani authorities” and noted that approval by the IMF’s executive board “is considered a formality.”
    apnews.com/article/pakistan-imf-preliminary-deal-b…
    After its two-week review of Pakistan’s economic situation that ended on Wednesday, the IMF in its statement said, “A nascent recovery is underway, buoyed by international partners’ support and signs of improved confidence.”
    www.aljazeera.com/news/2023/11/16/pakistan-and …
     
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