Breaking News

SBP receives over $1bn as 1st tranche from IMF

State Bank of Pakistan has received first tranche of approximately one billion and twenty six million dollars from International Monetary Fund.

It has been received following approval of IMF Executive Board of thirty-seven month Extended Fund Facility amounting to seven billion dollars for Pakistan.

Source: Radio Pakistan

Check Also

Uptick in Violence in Ukraine Conflict Diminishing Prospects for Peace: Usman

New york: Pakistan has raised concerns over the escalating violence in the Ukraine conflict, stating that it is undermining the prospects for peace. This statement was made by Pakistan's Deputy Permanent Representative to the United Nations, Usman Jad...