IMF Approves $1.2 Billion Loan Program for PakistanIMF Approves $1.2 Billion Loan Program for Pakistan

The Executive Board of the International Monetary Fund (IMF) has approved Pakistan’s second review under the 37-month Extended Fund Facility (EFF) and the first review of the 28-month Resilience and Sustainability Facility (RSF).

According to state’s broadcaster, Pakistan will gain access to about $1.09 billion (SDR 760 million) under the EFF and $200 million (SDR 154 million) under the RSF, bringing total disbursements under both arrangements to approximately $3.3 billion.

more to follow.

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The Executive Board of the International Monetary Fund (IMF) has approved Pakistan’s second review under the 37-month Extended Fund Facility Read More

The post IMF Approves $1.2 Billion Loan Program for Pakistan appeared first on ProPakistani.