Advertisement
IMF issues third loan tranche of nearly $500m to Pakistan

Pakistan Received the third tranche of around $500 million from the International Monetary Fund's (IMF) loan program, a week after the approval of four pending reviews of Pakistan's economy.
While taking it to twitter Pakistan's central bank said "SBP has received an IMF tranche of US$ 498.7 million under the Extended Fund Facility."
Advertisement
The loan tranche was received after resuming a $6 billion loan program a couple of weeks ago by Islamabad. The program was on hold since the Covid-19 outbreak in the country in February 2020.
Related stories
BusinessAurangzeb Reaffirms Stability, Meets Banks and UNDP Chief
BusinessPakistan to Chair World Bank, IMF Boards in 2027
BusinessOil Shipping Costs Soar, Adding to Global Prices
BusinessAurangzeb Discusses M6 Motorway Financing With OPEC Fund
BusinessPakistan, World Bank Agree to Deepen Cooperation
Business