US EditionIMF approves Pakistan loan reviews, unlocking $1.2bn in funds
The $1.2 billion tranche includes $1 billion under the Extended Fund Facility and $200 million for climate resilience, supporting Pakistan's economic and structural reforms, IMF said.
- The IMF approved two loan reviews for Pakistan, unlocking about $1.2 billion in funds.
- The approval cleared the way for the immediate disbursement of about $1 billion under Pakistan's Extended Fund Facility and $200 million from its Resilience and Sustainability Facility programme.
- The IMF's deputy managing director said reducing Pakistan's vulnerability to extreme weather events will enhance macroeconomic and fiscal sustainability.
34 Articles
34 Articles
IMF Approves Additional $1.2 Billion For Pakistan Citing Economic Progress
The International Monetary Fund on Tuesday approved the release of $1.2 billion to Pakistan, giving the cash-strapped country a fresh boost as it works to recover from one of its worst economic crises in years.
Pakistan secure further $1.2 billion loan from IMF, total reaches $3.3 billion
Pakistan on Tuesday welcomed the release of a further $1.2 billion in loans from the International Monetary Fund to help its economic recovery and reforms programme, calling it evidence of hard work
Associated Press News
IMF approves $1.2 billion for Pakistan from bailout, citing progress on economic and climate reforms
The International Monetary Fund says it has approved the release of $1.2 billion to Pakistan, giving the cash-strapped country a fresh boost as it works to recover from one of its worst economic crises in years.
IMF approves $1.3 billion loan
The International Monetary Fund (IMF) board on Monday approved a $1.3 billion loan by granting waivers against missing a few core conditions and securing a fresh commitment from Pakistan to introduce new tax measures to offset the impact of a huge revenue shortfall. In order to win the IMF board meeting date, the Pakistani authorities had agreed to fulfil two prior actions, a guarantee to issue an order to restructure an undercapitalised bank an…
Coverage Details
Bias Distribution
- 41% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
