The International Monetary Fund (IMF) has confirmed that it has received confirmation from Saudi Arabia on $2 billion in additional deposits to Pakistan. Islamabad has been negotiating with the IMF since the end of January for the release of $1.1 billion from a $6.5 billion bailout package agreed upon in 2019.

Leave a Reply

Your email address will not be published.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

You May Also Like

Another batch of vaccine imported from china

China exported two million more doses of coronavirus vaccine to Pakistan. The…

Gold price decreases by PKR4,300 per tola

Karachi: In line with the international market, the price of gold dropped…

SBP amends regulations of forex

The State Bank of Pakistan made certain amendments to the regulations of…