IMF board approves $1.22 billion disbursement to Pakistan

IMF board approves $1.22 billion disbursement to Pakistan

​The ​International ‌Monetary Fund executive ​board on ‌Friday reached a staff-level agreement on Pakistan's ‌loan program, unlocking $1.22 ‌billion in fresh funding, the fund ⁠said.

The ​decision ⁠allows for an immediate ⁠disbursement of around $1.1 ​billion under the ⁠Extended Fund Facility ⁠and ​around $220 million under the Resilience and ⁠Sustainability Facility, the IMF ⁠said.

TRENDING

OPINION / BLOG / INTERVIEW

Too much AI could hurt corporate innovation

Southeast Asia’s hydrogen transition faces steep cost and infrastructure barriers

Teachers are embracing AI in education while quietly fearing it could replace them

AI can dramatically reduce energy waste in buildings and smart grids

DevShots

Latest News

Connect us on

LinkedIn Quora Youtube RSS
Give Feedback