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Published 17 days ago

IMF approves immediate release of final $1.1 billion tranche of $3 billion bailout to Pakistan

  • The IMF disbursed $1.1 billion to Pakistan to aid economic stability under a bailout package, part of a $3 billion standby arrangement, according to Prime Minister Shehbaz Sharif.
  • The disbursements totaled $3 billion under the SBA, as approved by the IMF.
  • Prime Minister Shehbaz Sharif stated the IMF's $1.1 billion disbursement will enhance Pakistan's economic stability amid talks for a new loan program.
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