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IMF board clears new bailout for Pakistan under $7 billion programme

Funding by Pakistan was secured on Tuesday through separate International Monetary Fund (IMF) programmes, split between the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), aiming to stabilise Pakistan's external payments and help it fight climate-related hazards

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International Monetary Fund; Representation pic

International Monetary Fund; Representation pic

Pakistan has received USD 1.3 billion from the International Monetary Fund under two separate ongoing financing arrangements, the central bank said on Wednesday.

Funding was secured on Tuesday through separate International Monetary Fund (IMF) programmes, split between the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), aiming to stabilise Pakistan's external payments and help it fight climate-related hazards.

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