pakistan
IMF approves $1.2 billion tranche for Pakistan
Key takeaways
- Add ARY News on Google AAResize WASHINGTON: The International Monetary Fund (IMF) has approved a $1.2 billion tranche for Pakistan, ARY News reported.
- According to reports, the IMF Executive Board meeting was held in Washington, where the release of the fourth installment of $1 billion under Pakistan’s existing loan programme was approved.
- In the same meeting, the IMF also approved $200 million for Pakistan under the Resilience and Sustainability Facility (RSF) programme related to climate change.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize WASHINGTON: The International Monetary Fund (IMF) has approved a $1.2 billion tranche for Pakistan, ARY News reported.
According to reports, the IMF Executive Board meeting was held in Washington, where the release of the fourth installment of $1 billion under Pakistan’s existing loan programme was approved.
In the same meeting, the IMF also approved $200 million for Pakistan under the Resilience and Sustainability Facility (RSF) programme related to climate change.
Article preview — originally published by ARY News. Full story at the source.
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