IMF reaches staff-level agreement with Pakistan on USD 3 billion

IMF reaches staff-level agreement with Pakistan on USD 3 billion

In a major relief to cash-strapped Pakistan, the government and the IMF have reached a long-awaited staff-level agreement on a USD 3 billion stand-by arrangement to support the authorities' immediate efforts to stabilise the economy from external shocks. Pakistan's...

by Nagpur Today | Published 2 years ago
IMF reaches staff-level agreement with Pakistan on USD 3 billion
By Nagpur Today On Friday, June 30th, 2023

IMF reaches staff-level agreement with Pakistan on USD 3 billion

In a major relief to cash-strapped Pakistan, the government and the IMF have reached a long-awaited staff-level agreement on a USD 3 billion stand-by arrangement to support the authorities' immediate efforts to stabilise the economy from external shocks. Pakistan's...