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Your email address will not be published.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

Pakistan to receive funds from IMF

Addressing a press conference in Islamabad, Finance Minister Shaukat Tarin said that…

FBR database breach prevented

Officials of the Federal Board of Revenue (FBR) reported that the database…