IMF, Pak attain staff-level settlement for launch of $1.1 billion mortgage tranche

ISLAMABAD: Pakistan and the Worldwide Financial Fund (IMF) have reached a staff-level settlement for the discharge of $1.1 billion from a $3 billion bailout package deal the cash-strapped nation wanted to avert a sovereign default.The settlement is “on the second and final review of Pakistan’s stabilisation programme”,saidNathan Porter, the pinnacle of the IMF group that […]

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Pakistan says IMF situations for $1.2 billion tranche met

NEW DELHI: Pakistan has met the Worldwide Financial Fund’s benchmarks for sustaining the established order within the vitality sector, which may probably pave the way in which for the disbursement of the following mortgage tranche of $1.2 billion, officers stated.Ministry of Vitality officers confirmed that they’ve efficiently achieved the targets set for holding the circulation […]

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