UPSCSSCBANKINGSTATE-PSC
IMF approved $1.2 billion disbursement to Pakistan under a $7 billion, 39-month program.
Summary
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement for Pakistan. This is part of the 24th IMF program, a $7 billion agreement spanning 39 months, aimed at supporting Pakistan's economy.
Key Points
- IMF approved $1.2 billion disbursement for Pakistan.
- This is part of the 24th IMF program.
- The program provides $7 billion over 39 months.
- The program was agreed upon last year.
Full Article
Cash-strapped Pakistan is currently in 24th IMF programme agreed last year to provide it $7 billion dollars over a period of 39 months
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