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Tag: standby agreement (SBA)

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Pakistan
  • Web Desk
  • Apr 29, 2024
IMF ‘approves’ $1.1 billion loan for Pakistan

The Ministry of Finance sources said that the IMF’s Executive Board, convening in Washington, sanctioned the disbursement of the loan installment for Pakistan

The International Monetary Fund (IMF) Director of Communications Julie Kozek on Thursday confirmed that IMF approved a grant of $3 billion for Pakistan under the standby agreement.
Business Pakistan
  • Web Desk
  • Apr 05, 2024
IMF grants Pakistan $3 billion “overall” as part of latest SBA

Kozek confirmed that the Executive Board Meeting between the IMF and Pakistan is slated to be held later this month.

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