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IMF board approves launch of over $1.1 billion bailout funds: Pakistan finance minister

livemag by livemag
August 29, 2022
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IMF board approves launch of over $1.1 billion bailout funds: Pakistan finance minister
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ISLAMABAD: The Worldwide Financial Fund (IMF) board on Monday authorized the seventh and eighth opinions of Pakistan‘s bailout programme, the nation’s finance minister Miftah Ismail stated, which can launch $1.17 billion in funds to the cash-strapped nation.
“The IMF Board has authorized the revival of our EFF program. We must always now be getting the seventh & eighth tranche of $1.17 billion,” Ismail stated on Twitter.
The IMF’s resident consultant in Islamabad didn’t instantly reply to a request for remark.





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