IMF approves disbursement of $1bn to Pakistan under $7bn deal
The International Monetary Fund (IMF) on Friday approved the immediate disbursement of about $1 billion to Pakistan under the ongoing Extended Fund Facility (EFF) and allowed an additional arrangement for the $1.4bn Resilience and Sustainability Facility (RSF).
In a statement issued today, the IMF said its Executive Board completed the first review of Pakistan’s economic reform program supported by the EFF Arrangement.
“This decision allows for an immediate disbursement of around $1bn (SDR 760 million)...
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