Tags: imf | portugal

IMF Approves $5.4 Billion for Portugal

Monday, 12 Sep 2011 07:30 PM

The International Monetary Fund said Monday that it had approved a 3.98 billion-euro ($5.4 billion) disbursement to Portugal after reviewing the country’s compliance with conditions attached to an international bailout.

The IMF released news of the disbursement approval by e-mail.

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