नवीनतम
IMF approves 1.1 billion dollar immediate funding for Pakistan
NEW DELHI [Maha Media]: The IMF has approved an immediate disbursal of the final tranche of USD 1.1 billion to Pakistan as part of a bailout package, emphasising that the cash-strapped country needs to take tough measures to bring its economy back on track.
The International Monetary Fund (IMF) Executive Board's decision on Monday came after the global lender completed the second and final review of Pakistan's economic reform programme supported by the IMF's Stand-By Arrangement (SBA).
With this development, the disbursements under the SBA reached around USD 3 billion.
