The IMF has reached a preliminary <a href="https://www.mid-day.com/news/world-news/article/houthi-attacks-in-saudi-arabia-pakistan-turkiye-agree-to-deploy-forces-in-saudi-arabia-under-trilateral-pact-in-wake-of-houthi-attacks-23653588" target="_blank" rel="none noopener">agreement with Pakistan</a> that could release about $1.2 billion in new funding to the country.
The money includes $1 billion under the IMF&rsquo;s main loan programme and another $210 million under a separate programme aimed at helping Pakistan become more resilient to climate and other long-term risks.&nbsp;
The announcement of the agreement reached after extensive talks between the <a href="https://www.mid-day.com/business/business-news/article/finance-minister-meets-imf-chief-georgieva-discusses-indias-growth-trajectory-23647973" target="_blank" rel="none noopener">International Monetary Fund (IMF)</a> team and Pakistani authorities was made by the global money lender in a statement from its HQ in Washington.
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The IMF has reached a preliminary agreement with Pakistan that could unlock about $1.2 billion, subject to approval by the Fund’s Executive Board

Pakistan reaches preliminary USD 1.2 billion deal with IMF

Paris students erect fresh barricades at high school as police fire tear gas amid protests

The money includes $1 billion under the IMF’s main loan programme and another $210 million under a separate programme aimed at helping Pakistan become more resilient to climate and other long-term risks

IMF reaches preliminary deal with Pakistan that could unlock USD 1.2 billion in fresh funding

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Home / News / World News / Article / IMF reaches preliminary deal with Pakistan that could unlock USD 1.2 billion in fresh funding