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Pakistan pays back $1.8 billion in November 2022, as per SBP
Pakistan pays back $1.8 billion in November 2022, as per SBP. It was reported that in a Friday analyst conference, the central bank reported that Pakistan had paid back $1.8 billion against foreign loans. The SBP governor emphasized that the central bank had repaid a debt totaling $1.8 billion during the month of November 2022…
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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. …
