Tag: disbursement
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Pakistan’s forex reserves witness a dip of $127 million
In a recent report, it was revealed that the foreign exchange reserves held by the State Bank of Pakistan (SBP) experienced a decline of $127 million during the week ending January 12, settling at $8.03 billion.
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SBP receives second IMF installment, total disbursements reach $1.9 billion
The State Bank of Pakistan (SBP) announced today that it has successfully received the second installment of SDR 528 million, equivalent to $705.6 million, from the International Monetary Fund (IMF).
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IMF greenlights $700 million for Pakistan’s economic stabilisation programme
In a significant development, the International Monetary Fund (IMF) successfully concluded its first review of Pakistan’s economic reform programme on Thursday.
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IMF board’s January meeting to shape future disbursements for Pakistan
The International Monetary Fund’s (IMF) Executive Board is scheduled to convene on January 11 to endorse the Staff-Level Agreement (SLA) with Pakistan, marking the inaugural review of the $3 billion Stand-By Arrangement (SBA). In June, the IMF Executive Board granted approval for a crucial nine-month arrangement with Pakistan, aimed at supporting its economic stabilisation programme.…
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Pakistan expects positive outcome in talks with IMF, eyes $700 million disbursement
Pakistan expresses optimism regarding the imminent successful conclusion of the initial review under the $3 billion standby arrangement (SBA) with the International Monetary Fund (IMF), according to reliable sources familiar with the matter.
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PSX resumes recovery as KSE-100 index gains 670.87 points
The KSE-100 increased for the fourth consecutive session on Friday as the rupee continued to strengthen against the US dollar, maintaining positive investor confidence at the Pakistan Stock Exchange (PSX). The price of WTI crude oil was $87.95 per barrel during the day, while Brent crude oil was being sold at $93.75 per barrel, bringing…