Pakistan, May 9 -- The International Monetary Fund's (IMF) Executive Board on Friday approved the latest review of Pakistan's reform programme, paving the way for the release of $1.2 billion in financing under the ongoing arrangements. In Islamabad, Finance Minister Muhammad Aurangzeb also confirmed the approval, saying the decision reflects Pakistan's continued progress on difficult but necessary economic reforms. The approval was given at a meeting of the IMF Executive Board in Washington, DC, reflecting its continued support for Pakistan's ongoing economic reform programme. The disbursement includes around $1 billion under the Extended Fund Facility (EFF) and approximately $200 million under the Resilience and Sustainability Facility (...