News Desk
The International Monetary Fund (IMF) approved a 500 million dollar disbursement to Pakistan for budgetary support.
According to media reports, IMF approved the disbursement after its Executive Board completed delayed reviews of Pakistan’s 6 billion dollar loan program.
In a statement, the Deputy Managing Director of IMF, Antoinette Sayeh has said that the latest payment brought total disbursements under the Extended Fund Facility to 2 billion dollars since the program was first approved in July 2019.
Antoinette Sayeh has said that Pakistani authorities have continued to make satisfactory progress under the program.
