IMF Executive Board Concludes 2024 Article IV Consultation for Pakistan …
WEB2 days ago · The Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation and approved a 37-month Extended Arrangement under the Extended Fund Facility (EFF) for Pakistan on Wednesday, September 25, 2024 in the amount of SDR 5,320 million (262 percent of quota, or around US$7 billion).
The IMF approves a $7 billion loan for Pakistan, which will get $1 ...
WEB4 days ago · Updated 7:30 PM PDT, September 25, 2024. ISLAMABAD (AP) — The executive board of the International Monetary Fund has approved a new $7 billion loan for cash-strapped Pakistan, authorities said Wednesday, more than two months after the two sides said they had reached an agreement. The loan — which Islamabad will receive in installments over ...
Pakistan: IMF Reaches Staff-Level Agreement on the Second and …
WEBMar 19, 2024 · IMF staff and the Pakistani authorities have reached a staff-level agreement on the second and final review under Pakistan’s Stand-By Arrangement, subject to the approval of the IMF’s Executive Board. Upon approval, Pakistan will have access to SDR 828 million (around US$1.1 billion).
IMF Executive Board Approves US$3 billion Stand-By Arrangement for Pakistan
WEBJul 12, 2023 · Today, the Executive Board of the International Monetary Fund (IMF) approved a 9-month Stand-By Arrangement (SBA) for Pakistan for an amount of SDR2,250 million (about $3 billion, or 111 percent of quota) to support the authorities’ economic stabilization program.
Pakistan reaches new $7 billion loan deal with IMF | AP News
WEBJul 12, 2024 · Pakistan has reached a staff-level agreement for a new $7 billion loan deal, the International Monetary Fund said Friday, the country’s latest turn to the global lender for help in propping up its economy and dealing with its debts through big bailouts.
IMF reaches $3 billion preliminary agreement with Pakistan
WEBJun 29, 2023 · Pakistan has reached a preliminary deal with the International Monetary Fund (IMF) worth about $3 billion that could help stabilize its flailing economy and lift the South Asian nation out of...
IMF says it reaches a staff level agreement with Pakistan to …
WEBISLAMABAD, March 20 (Reuters) - The International Monetary Fund said on Wednesday it had reached a staff level agreement with Pakistan, which if approved by its board, will disburse $1.1 billion...
Pakistan, IMF reach staff-level deal to release $1.1bn from bailout ...
WEBMar 20, 2024 · Islamabad, Pakistan – Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement for the release of $1.1bn from a $3bn bailout package the indebted country needed...
Why did Pakistan need the IMF deal? What does it need to do now?
WEBJun 30, 2023 · The International Monetary Fund and Pakistan have reached a staff-level agreement on a bigger than expected $3bn Stand-By Arrangement (SBA), a last-minute rescue package for the country facing...
Pakistan Economy Grows 3.07% Buoyed by IMF Loan, Lower Rates
WEB6 hours ago · Pakistan Economy Grows 3.07% Buoyed by IMF Loan, Lower Rates Statistics bureau revises full year GDP growth to 2.52% Pakistan secured a $7 billion loan from the IMF last week