IMF Approves $1.2 Billion Loan Package for Pakistan
The Executive Board of the International Monetary Fund (IMF) has approved Pakistan’s latest reviews under two major loan arrangements, unlocking new financing for the country. Pakistan will receive around $1.09 billion under the Extended Fund Facility (EFF) and another $200 million under the Resilience and Sustainability Facility (RSF). With the latest decision, total disbursements under…