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Summary
State Bank of Pakistan has received the third installment of its loan by the IMF. SBP Spokesman Syed Waseemuddin told reporters in Karachi that it was the third installment of the loan. Earlier in November IMF issued installment of US$3.10 billion and in April of US$840.80 million. Pakistan is currently in Standby Agreement of the IMF. IMF last week increased the volume of the loan to US$11.30 billion.
