IMF board approves $1.2 billion disbursement to Pakistan, sources say
- Country:
- United States
The IMF's executive board on Friday voted to approve a staff-level agreement reached with Pakistan last month, paving the way for a disbursement of $1.2 billion in fresh funds to the South Asia country, sources familiar with the decision said.
The lion's share of the funds will come from Pakistan's Extended Fund Facility with the International Monetary Fund, and separate $210 million coming from its Resilience and Sustainability Facility.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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