GLOBAL · EUROPE · MIDDLE EASTSources
NNews DeskThe world, in headlines.
Image accompanying this story from Dawn
Photo: Dawn
DawnPakistan

Pakistan, IMF reach staff-level agreement for $1.2bn tranche

ISLAMABAD: The International Monetary Fund (IMF) on Thursday reached a staff-level agreement (SLA) with Pakistani authorities on the fourth review under the $7 billion Extended Fund Facility (EFF) and the third review under the $1.4bn Resilience and Sustainability Facility (RSF), qualifying Pakistan to draw about $1.2bn from the fund’s resources in four to five weeks. “The IMF team has reached an SLA with the Pakistani authorities on the fourth review of the 37-month Extended Arrangement…

Read Full Story

Original reporting by Dawn. Some articles may require a subscription.