The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, US. — Reuters/File

IMF Executive Board approves $1.2bn tranche for Pakistan

by Pakistan News
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The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, US. — Reuters/File

The International Monetary Fund’s (IMF) Executive Board has approved a $1.29 billion loan for Pakistan, Geo News reported on Monday.

The approval follows a staff-level agreement reached in October between Pakistan and the IMF on the country’s ongoing loan programmes.


This is a developing story and is being updated with further details.




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