Islamic development bank

Fund Pledge ISLAMABAD: The visiting staff mission of the International Monetary Fund (IMF) has initiated direct communications with key bilateral partners to confirm committed support to Pakistan, addressing the external …

Saudi Arabia is also helping Pakistan utilise another existing oil financing facility with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) group.

The facility is expected to provide relief in oil and gas import bill and ease pressure on foreign exchange reserves.