IMF Executive Board Approves US$3 billion Stand-By Arrangement …
WEBJul 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.
Pakistan: IMF Reaches Staff-Level Agreement on the Second and …
WEBMar 19, 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 SDR 828 million (around US$1.1 billion).
IMF Reaches Staff-level Agreement with Pakistan on a US$3 billion …
WEBJun 29, 2023 · The IMF staff and the Pakistani authorities have reached a staff-level agreement on policies to be supported by a Stand-By Arrangement (SBA). The staff-level agreement is subject to approval by the IMF Executive Board, with its consideration expected by mid-July.
Pakistan reaches new $7 billion loan deal with IMF | AP News
WEBJul 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.
IMF reaches $3 billion preliminary agreement with Pakistan
WEBJun 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...
Pakistan gets a lifeline from the IMF with a new $3 billion bailout …
WEBJun 30, 2023 · The International Monetary Fund agreed to provide a long-awaited $3 billion in relief to bail out Pakistan’s ailing economy once it gets final approval, according to a statement released Thursday, June 29, 2023.
Pakistan Moves Closer to Vital IMF Deal With Last-Ditch Steps
WEBJun 26, 2023 · Pakistan’s race to restart a stalled International Monetary Fund loan program took a positive turn as the country made a dramatic final attempt to appease the lender less than a week before...
The IMF approves a $7 billion loan for Pakistan, which will get $1 ...
WEB1 day ago · Updated 7:30 PM PDT, September 25, 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. The loan — which Islamabad will receive in installments over ...
Crisis-hit Pakistan strikes $3bn IMF bailout deal - BBC
WEBJun 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...
IMF's $7 billion bailout sends Pakistan stocks to new peak
WEB23 hours ago · IMF approves $7 billion bailout for Pakistan; Pakistan's stock index hits record high of 82,905.73; PM Sharif and IMF's Georgieva emphasize need for reforms