IMF Approves $1.3B Loan for Climate Resilience

The technical mission of the International Monetary Fund (IMF) that will carry out the third half-yearly review of the 2023-2026 agreement will arrive in the country tomorrow, Monday, March 31. The entry Mission of the IMF arrives for the third review, will Honduras pass the review of the 2023-2026 agreement? was published first in Digital Process.

IMF Approves $1.3B Loan for Climate Resilience

​The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan, introducing a new 28-month, $1.3 billion loan under the Resilience and Sustainability Trust (RST) to support climate resilience initiatives. This agreement is contingent upon Pakistan’s successful completion of its ongoing $7 billion Extended Fund Facility (EFF) program. Upon approval by the IMF’s executive board, Pakistan will gain access to approximately …

Since December, the exchange rate gap between the free dollar and the official dollar has expanded from almost 15 per cent to 21 per cent in the latest data, while the interest rate on Treasury bonds in 12-month instalments rose from 28 per cent to 38 per cent per annum in that period, while, in the futures market, contracts were agreed on at an exchange rate of 1,260 pesos/dollar by December 2025, with an implicit rate of 1.62% per month effect…