Pakistan receives 2nd tranche of $705.6m from IMF under SBA

January 18, 2024 General

Pakistan has received the second tranche of 705.6 million dollars from the IMF under the stand by arrangement.

This has been confirmed by State Bank of Pakistan in a post on its X handle.

The United Arab Emirates has also confirmed rollover of its two deposits of one billion dollars each placed with State Bank of Pakistan for another one year.

Source: Radio Pakistan

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