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Policy-level discussions between Pakistan and the IMF begin today.
Policy-level discussions between Pakistan and the IMF begin today. It was reported that The International Monetary Fund (IMF) and Pakistan will begin crucial policy-level discussions to conclude a memorandum of economic and financial policies today (MEFP). Technical level discussions between Pakistan and the IMF began on January 31 and were supposed to end last Friday.…
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IMF Loan Renewal for Pakistan
The IMF board accepted an agreement to resurrect a sizable loan package for Pakistan, in the wake of the heavy monsoon floods that have created an economic crisis. IMF increased the total size of the package by $500 million, bringing it to around $6.5 billion, and will deliver US$1.1 billion initially to Pakistan. …
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IMF Reviews Pakistan EFF
The IMF Executive Board completed the the combined seventh and eighth assessments of the Extended Arrangement for Pakistan under the Extended Fund Facility (EFF). In accordance with the Board’s resolution, SDR 894 million (or about US$1.1 billion) may be disbursed immediately, increasing the total amount of purchases for budget support under the agreement to…
