IMF defends its move to release for Pakistan

IMF defends its move to release for Pakistan

IMF approved a 37-month, $7 billion Extended Fund Facility (EFF) program for Pakistan in September 2024

IMF has helped Pakistan stabilise economy: Zardari

ISLAMABAD: A delegation of the International Monetary Fund (IMF), led by Jihad Azour, Friday, met with President Asif Ali Zardari to discuss Pakistan’s economic situation and the ongoing programme of the International Monetary Fund (IMF). Finance Minister Muhammad Aurangzeb, Senator Saleem Mandviwalla, and other senior officials also attended the meeting. Discussing Pakistan’s current economic situation and the ongoing IMF programme, the preside…

IMF disburses $1bn to Pakistan after review clears all targets

• India’s objections fail to stall IMF’s board approval for Pakistan • No funds to be used for budget or military, says IMF spokesperson • Programme hailed for economic stability, falling inflation, and reserve buildup • Budget 2025-26 delayed to June 10 as talks with IMF continue The International Monetary Fund (IMF) announced Friday that its Executive Board approved a $1 billion disbursement to Pakistan under the EFF. Pakistan met all programm…