Pakistan and the International Monetary Fund (IMF) reached an agreement after 10 days of “tough” parleys. The deal unlocked over a $1 billion loan tranche under Extended Fund Facility (EFF) that had been suspended for the last five months, sources reported. The sources said that a meeting took place between Prime Minister Shehbaz Sharif and the IMF delegation, where the mission informed the premier about the agreement.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Sindh Assembly approves budget 2023-24

Sindh Assembly on Wednesday approved the provincial budget for the fiscal year…

Rupee registers losses against Dollar

Karachi: Pakistan’s rupee once again registered a decline on Friday, depreciating 0.02%…

Russia ready to solve EU’s energy crisis

Moscow: On Oct 13, Russian President Vladimir Putin made clear that Russia…

LPG prices jump by nearly Rs. 3/kg

Islamabad: The Oil & Gas Regulatory Authority (OGRA) increased the prices of…