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Bailout package

IMF sets $5.3 billion program for Iraq

WASHINGTON: The IMF announced a $5.34 billion program for Iraq on Thursday to help strengthen the country's finances, hit by the crash in oil prices and the fight against the Islamic State group.

PSM receives second tranche of bailout package

ISLAMABAD: The federal government of Pakistan has issued the second tranche of bailout package worth Rs. 2.55 billion to Pakistan Steel Mills (PSM), ARY News reported. PSM spokesman, Shazim Akhtar confirmed that PSM has received the second…