Stand-By Arrangement

Pakistan’s SBP Receives $1.1 Billion IMF Funding

The State Bank of Pakistan (SBP) has received approximately USD 1.1 billion from the International Monetary Fund (IMF), following the approval of the final tranche of Pakistan's USD 3 billion Stand-By Arrangement (SBA) by the global lender, Geo News said. Pakistan announced on Tuesday that the IMF's executive board approved...