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UPDATE: IMF Adds $3.2B To Pakistan Loan; Total Aid At $11.3B

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Sat Aug 08, 2009 2:21 pm   Topic: UPDATE: IMF Adds $3.2B To Pakistan Loan; Total Aid At $11.3B
UPDATE: IMF Adds $3.2B To Pakistan Loan; Total Aid At $11.3B




The International Monetary Fund on Friday boosted a loan extended to Pakistan late last year by $3.2 billion, bringing the total value of the aid package pledged to the South Asian nation to approximately $11.3 billion.
The total loan extended to Pakistan by the IMF is equal to about 6.3% of the country's gross domestic product.