IMF Approves $1.2 Billion Loan for Pakistan
The International Monetary Fund's Executive Board has approved a disbursement of approximately $1.2 billion in financing for Pakistan, intended to support the nation's reform program amidst its economic difficulties. This approval comes with new conditions attached.
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Read full article →IMF's Executive Board approves $1.2 billion financing for Pakistan's reform programme
WASHINGTON: 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 following the Board meeting in Washington, saying the decision reflects Pakistan’s continued progress on difficult but necessary economic reforms. The disbursement includes around $1 billion...
By none@none.com (Anwar Iqbal)
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