The State Bank of Pakistan building in Karachi. — SBP website/File
The State Bank of Pakistan (SBP) has announced it has received the second tranche of $1.023 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) programme.
The central bank stated that this inflow will be recorded in its foreign exchange reserves for the week ending on May 16.
This is a developing story and is being updated with more details.