
IMF Clears $1.2 Billion Tranche for Pakistan
The IMF executive board has approved a $1.2 billion tranche for Pakistan, leading to optimism from the country's finance ministry and central bank regarding economic growth.
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Finance ministry, SBP show optimism over economic growth amid expected $1.2bn tranche from IMF
ISLAMABAD: The Ministry of Finance and the State Bank of Pakistan (SBP) on Thursday showed unanimous optimism over economic growth and achieving fiscal and current account targets despite the regional crisis. The development comes amid anticipated approval of disbursements worth over $1.2bn by the International Monetary Fund (IMF) on Friday and the scheduled visit of another mission for next year’s budget formulation on May 15. Testifying before the National Assembly’s Standing Committee on F...
By none@none.com (Khaleeq Kiani)
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