Pakistan issues ‘Letter of Intent’ to IMF for second tranche approval

ISLAMABAD – Caretaker Finance Minister Dr. Shamshad Akhtar and State Bank have jointly issued a Letter of Intent to the International Monetary Fund (IMF) for approval of second tranche worth $70 million.

Pakistan through the letter expressed commitment to fulfill all the decided conditions for the second tranche, saying that

This letter underscores Pakistan’s commitment to…

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News Source: pakobserver.net