ISLAMABAD, Pakistan — Pakistan said Saturday it had agreed to borrow $7.6 billion from the International Monetary Fund in an effort to stabilize the economy of this strategically important U.S. ally on the front lines of the battle against al-Qaida and the Taliban.
The government had been reluctant to go to the IMF but had little choice once even close allies the United States, China and Saudi Arabia snubbed its pleas for significant bilateral aid.
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