Pakistan gets 1.3 billion dollars loan sanctions from IMF amid escalating tensions with India
Amid rising tensions with India, Pakistan secures a $1.3 billion loan approval from the IMF, boosting its economic stability and signaling international financial support.
New Delhi: In a necessary boost to Pakistan’s economic system, the Global Monetary Fund (IMF) on Friday licensed the immediate disbursement of roughly USD 1 billion beneath the continuing Prolonged Fund Facility (EFF) programme, in accordance to a press liberate released by the High Minister’s Space of business (PMO).
Pakistan’s High Minister Shehbaz Sharif applauded the Global Monetary Fund’s (IMF) approval of a loan tranche, viewing it as valuable for the nation’s monetary successfully being. The High Minister’s Space of business moreover instantaneous that this success underscored Pakistan’s economic resilience, in particular in distinction to what it characterised as unsuccessful Indian stress ways.
The PMO additional emphasized that Pakistan’s economic fret has improved in contemporary months, crediting ongoing reforms and world cooperation. “The country is transferring in opposition to fashion,” the utter illustrious, suggesting rising optimism within the future of the federal government over the nation’s monetary trajectory.
The Global Monetary Fund (IMF) this day reviewed the Prolonged Fund Facility (EFF) lending program ($1 billion) and moreover thought a pair of contemporary Resilience and Sustainability Facility (RSF) lending program ($1.3 billion) for Pakistan. As an filled with life and responsible member country,… pic.twitter.com/qGbHJF4SeK
— ANI (@ANI) May 9, 2025
This disbursement is a part of Pakistan’s broader engagement with the IMF to stabilize its economic system, dwelling up debt, and pursue structural reforms. The funds are anticipated to bolster international alternate reserves, toughen the national funds, and make contributions to investor confidence.
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