Pakistan’s central bank receives $1.3bn in IMF assistance
Fund says authorities need to maintain strong macro policies and accelerate reform efforts
Pakistan’s central bank has received 914 million in special drawing rights ($1.3 billion) from the International Monetary Fund under two ongoing assistance programmes.
The State Bank of Pakistan (SBP) today (May 13) announced receipt of the inflow, which it said would be reflected in its foreign exchange reserves by the end of this week
The IMF executive board approved around $1.1 billion of the disbursement following its third review of Pakistan’s economic reform programme, which is being
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