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IMF reaches agreement on loan payout to Iceland

The International Monetary Fund on Friday said it reached an agreement with Iceland that would unblock the second installment of a loan to the recession-stricken country.

Updated on: Aug 2, 2009, 09:57:00 IST
AFP | By , Washington
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The International Monetary Fund on Friday said it reached an agreement with Iceland that would unblock the second installment of a loan to the recession-stricken country.

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