(Reuters) – The board of the International Monetary Fund (IMF) approved a $3 billion, nine-month bailout programme for Pakistan on Wednesday, the IMF said.

Pakistan and the Fund had reached a staff level agreement late last month, securing much-needed funding for the cash-strapped country.

(Reporting by Gibran Peshimam and Juby Babu; Editing by Raju Gopalakrishnan and Chizu Nomiyama)

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