Extended Fund Facility

State Bank Receives $1.3 Billion Under IMF Programs

State Bank Receives $1.3 Billion Under IMF Programme

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KARACHI: The State Bank of Pakistan said on Wednesday it had received nearly $1.3 billion from the International Monetary Fund under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programme. The inflow is expected to strengthen Pakistan’s foreign exchange reserves. In a statement posted on X, the central bank said the IMF […]

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Pakistan Likely to Secure $1.2 Billion IMF Tranche Soon

Pakistan Likely to Secure $1.2 Billion IMF Tranche Soon

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ISLAMABAD: The executive board of the International Monetary Fund (IMF) is expected to approve the latest $1.2 billion tranche under Pakistan’s $7 billion, 37-month Extended Fund Facility (EFF), officials said. A key agreement was reached between Pakistan and the IMF in March under a broader financial support programme. Additional access to funding running into billions

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