IMF board likely to approve $700mln loan for Pakistan today

The International Monetary Fund (IMF) executive board is likely to approve the first review of Pakistan’s $ 3 billion stand-by arrangement (SBA) today (Thursday), ARY News reported, quoting the finance ministry.

The current IMF program of $3 billion is scheduled to end in the second week of April 2024, with around $1.8 billion remaining un-disbursed. The Fund released $1.2 billion first…

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News Source: arynews.tv