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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 02, 2009 09:57 AM IST
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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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