$700 Million The State Bank of Pakistan (SBP) has confirmed the receipt of the second tranche of Special Drawing Rights (SDR) amounting to SDR 528 million, equivalent to $705.6 million, …
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Standby Arrangement (SBA)
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Economy
Pakistan is set to receive $700 million from IMF on 12th of January, a day after board’s meeting
The ongoing SBA program is set to expire on April 14, 2024.
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Economy
IMF provides $1.2 billion first tranche of stand-by arrangement to Pakistan
by Hamza Irshadby Hamza IrshadFirst Tranche ISLAMABAD: Acting swiftly on its board’s order, the International Monetary Fund handed over to Pakistan $1.2 billion first tranche of $3 billion stand-by arrangement today. Finance Minister Senator …
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Economy
IMF board meets tomorrow to approve $3 billion SBA for Pakistan
by Hamza Irshadby Hamza IrshadThe IMF has accepted the external financial plan submitted by the Pakistan government to unlock the IMF bailout program.
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