Categories: Latest News

IMF revives Pakistan’s stalled $6bn programme

IMF has finally revived Pakistan’s stalled $6bn programme!

After months-long uncertainty, the Executive Board of the International Monetary Fund (IMF) approved the Staff Level Agreement with Pakistan.

Finance Minister Miftah Ismail announced the development on Monday on his Twitter handle, that IMF has approved the seventh and eighth review of the stalled $6 billion Pakistan programme.

“Alhamdolillah the IMF board has approved the revival of our EFF programme. We should now be getting the seventh and eighth tranche of $1.17 billion,” Miftah Ismail said.

“I want to thank Prime Minister Shehbaz Sharif for taking so many tough decisions and saving Pakistan from default. I congratulate the nation,” said the finance minister added.

Related Post

Planning Minister Ahsan Iqbal also announced the development on his Twitter handle.

 

Details to follow…

Saman Siddiqui

Recent Posts

  • Latest News

PTI rejects the Commission of Inquiry constituted to probe the contents of the judges’ letter

Pakistan Tehreek-e-Insaf (PTI) has rejected the formation of an inquiry commission by the federal government…

19 hours ago
  • Celebrity News

Did Agha Ali confirm his separation by revealing he is living alone? Netizens think so

Did Agha Ali confirm his separation from Hina Altaf by revealing that he is living…

20 hours ago
  • Celebrity News

Sahiba finally meets her biological father for the first time in her life

Sahiba has met her biological father for the first time in her life! The emotional…

20 hours ago
  • Bollywood News

Aditi Rao Hydari and Siddharth are now engaged!

Bollywood actors Aditi Rao Hydari and Siddharth are engaged! As reported, Aditi Rao Hydari and…

20 hours ago
  • Latest News

KSE-100 index hits new all-time high of 67,142 points

The KSE-100 index hits a new all-time high of 67,142 points on Thursday. The Pakistan…

1 day ago
  • Latest News

Magnitude 5.3 earthquake jolts northern areas of Pakistan

A magnitude 5,3 earthquake jolted northern areas of Pakistan on Thursday at around 4 pm.…

1 day ago