IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billion
Asia-Pacific2 sources2 countries🔦 Under-reported48m ago
The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan. The deal has the potential to unlock approximately $1.2 billion in funding for the country.
Subject to approval by the IMF board, Pakistan is set to access about $1 billion through the Extended Fund Facility (EFF). Additionally, the country could receive $210 million under the climate-focused Resilience and Sustainability Facility.
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The Hindu (IN)Details specific breakdown of funds between EFF and climate facility
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