IMF Executive Board Approves US$3 billion Stand-By Arrangement for Pakistan
Jul 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.
The IMF approves a $7 billion loan for Pakistan, which will get $1 ...
Sep 26, 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.
IMF holds unusual talks with Pakistan over $7 bln bailout
3 days ago · The International Monetary Fund's Pakistan mission chief Nathan Porter on Tuesday opened unusual talks with Pakistan over a $7 billion bailout approved by its board in September, the finance ...
IMF approves $7bn loan to Pakistan - BBC News
Sep 26, 2024 · The International Monetary Fund (IMF) has approved a $7bn (£5.25bn) loan to cash-strapped Pakistan. The country is due to receive the first $1bn of the loan immediately, with the balance to...
Pakistan: IMF Reaches Staff-Level Agreement on the Second and …
Mar 20, 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 …
Pakistan: IMF Reaches Staff-Level Agreement on Economic …
Jul 12, 2024 · Building on the economic stability achieved under the 2023 Stand-by Arrangement (SBA), IMF staff and the Pakistani authorities have reached a staff-level agreement on a 37-month Extended Fund Facility Arrangement (EFF) of about US$7 billion.
IMF reaches $3 billion preliminary agreement with Pakistan
Jun 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, Pakistan make significant progress on new loan, IMF mission …
May 24, 2024 · An International Monetary Fund (IMF) mission and Pakistan have made significant progress towards reaching a staff-level agreement for an extended fund facility, the global lender said on...
Pakistan reaches new $7 billion loan deal with IMF | AP News
Jul 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.
Crisis-hit Pakistan strikes $3bn IMF bailout deal - BBC
Jun 30, 2023 · Crisis-hit Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) over $3bn (£2.4bn) of funding. The deal, which still needs to be approved by the global...