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$102 million loan is approved to Haiti by IMF

http://timesofindia.indiatimes.com

The International Monetary Fund's executive board has approved a $102 million loan to help Haiti rebuild after this month's devastating earthquake. Combined with payouts from an existing loan programme, the IMF said on Wednesday it would transfer a total of $114 million to Haiti's government by the end of this week, marking the largest handover of funds since the magnitude-7 earthquake struck January 12.

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