IMF board approves $1.22 billion disbursement to Pakistan
The International Monetary Fund executive board on Friday reached a staff-level agreement on Pakistan's loan program, unlocking $1.22 billion in fresh funding, the fund said.
The decision allows for an immediate disbursement of around $1.1 billion under the Extended Fund Facility and around $220 million under the Resilience and Sustainability Facility, the IMF said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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