Finance Minister, SBP Governor sign LOI for $3b agreement with IMF

July 1, 2023 Official News

Islamabad, July 01, 2023 (PPI-OT):Finance Minister Ishaq Dar and Governor State Bank of Pakistan (SBP) Jameel Ahmad have signed the Letter of Intent (LOI) for a nine-month three billion dollars Stand-by Agreement (SBA) with the International Monetary Fund (IMF).

It was signed at Governor House in Lahore, which was witnessed by Prime Minister Shehbaz Sharif. The IMF had issued the Letter of Intent after reaching a staff level agreement for loan programme with Pakistan under the memorandum of economic and fiscal policies.

For more information, contact:

Ministry of Information and Broadcasting

Government of Pakistan

4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan

Tel: +92-51-9103557

Email: info@moib.gov.pk

Website: http://www.moib.gov.pk

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