IMF reviews Pakistan loan’s tranche in today’s Executive Board meeting

ISLAMABAD – International Monetary Fund (IMF) board is likely to approve $700mln loan for Pakistan in today’s executive board meeting that South Asian nation secures in $3 billion stand-by arrangement (SBA).

In November last year, the global lender approved staff level agreement (SLA) under which Islanabad is set to receive a disbursement of US$700 million.

The current IMF program is…

Continue Reading


News Source: en.dailypakistan.com.pk