Pakistan Receives $1.3 Billion IMF Tranche
Pakistan's State Bank (SBP) announced that it has received a $1.3 billion tranche from the International Monetary Fund (IMF). This payment marks a significant financial inflow for the country.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (19/100)Sources
SBP says it has recieved $1.3bn tranche from IMF
The State Bank of Pakistan (SBP) said on Wednesday that it had recieved $1.3 billion from the International Monetary Fund (IMF). “The IMF Executive Board completed the third review under the Extended Fund Facility (EFF) in its meeting held on May 8 and approved the disbursement of SDR 760 million for Pakistan. Furthermore, the IMF Executive Board has also approved the disbursement of the second tranche of SDR 154 million under the Resilience and Sustainability Facility (RSF),” the central ban...
By none@none.com (News Desk)
Read full article →Pakistan receives $1.3b tranche from IMF: SBP
SBP says IMF Executive Board has also approved disbursement of second tranche of SDR 154 million under RSF
By Web Desk
Read full article →
