Imf, Pakistan Reach Staff-Level Agreement on $1.2 Billion Disbursement

Staff-level accord on $1.2b loan reached with IMF

The International Monetary Fund (IMF) on Saturday announced a staff-level agreement with Pakistan for the release of a $1.2 billion loan but linked the executive board meeting to approve the tranche with Islamabad's ability to collect Rs322 billion revenues from the court cases. After finding the performance of the Federal Board of Revenue below par, the Washington-based global lender has imposed a "prior action" whose successful implementation …

Pakistan goes begging to IMF again, unlocks USD 1.2 billion under payout agreement

Pakistan and the International Monetary Fund have reached a staff-level agreement for the disbursement of approximately USD 1.2 billion under two separate financial arrangements, the IMF said on Saturday. The agreement follows the successful completion of the third review under the Extended Fund Facility and the second review under the Resilience and Sustainability Facility. The IMF mission had held talks with Pakistani officials in Karachi and …

Pakistan Nears $1.2 Billion IMF Disbursement After Staff-Level Agreement

Pakistan is on the verge of securing $1.2 billion in fresh financing after reaching a staff-level agreement with the International Monetary Fund, marking a key step toward stabilizing its economy amid ongoing global and domestic pressures.

Pakistan, IMF reach staff-level agreement for $1.21bn disbursement

Pakistan authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on the third review under Pakistan’s Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF). Upon approval by the IMF Executive Board, Pakistan will have access to about US$1.0 billion (SDR 760 million) under the EFF and about US$210 million (SDR 154 million) under the RSF, bringing total disbur…