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of <h1>IMF Approves $1B Loan for Pakistan, Boosting Economic Recovery and Addressing Financial Challenges Under Extended Fund Facility</h1> The International Monetary Fund approved a USD 1 billion loan for Pakistan under its Extended Fund Facility, bringing total disbursements to USD 2.1 billion. India opposed the loan, expressing concerns about potential misuse for cross-border terrorism. Pakistan's government welcomed the approval, claiming improved economic indicators and successful implementation of reforms. The three-year USD 7 billion aid package aims to stabilize the country's macroeconomic situation and promote inclusive growth.
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