Pakistan, IMF weighing $2.5 bln standby arrangement - Dawn daily

Pakistan, IMF weighing $2.5 bln standby arrangement - Dawn daily
Representational image Image Credit: ANI
  • Country:
  • Pakistan

Pakistan and the International Monetary Fund are discussing a $2.5 billion "standby arrangement" of six to nine months, the Dawn newspaper reported on Wednesday, quoting an unnamed official.

The fund would cover the remaining amount of a $6.5 billion bailout agreement signed in 2019, of which $4 billion have been released so far, and which expires on June 30.

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