$1.1 Billion Installment

IMF Approves Final $1.1 Billion Installment as Pakistan’s Assistance Plan

The executive board of the International Monetary Fund approved $1.1 billion in cash for Pakistan, according to a press statement, but talks for a fresh loan are still ongoing. A $3 billion standby agreement with the IMF was secured by Islamabad last summer in order to avert a sovereign default....