ISLAMABAD: The ruling Pakistan Muslim League Nawaz (PMLN) emerged victorious on most seats in the by-elections, according to
IMF approves $500 million disbursement to Pakistan
ISLAMABAD: The International Monetary Fund approved a 500 million dollar disbursement to Pakistan for budgetary support after its Executive Board completed delayed reviews of Pakistan’s 6 billion dollar loan program.
IMF Deputy Managing Director Antoinette Sayeh told this in a statement saying the latest payment brought total disbursements under the Extended Fund Facility to 2 billion dollars since the program was first approved in July 2019.
She said Pakistani authorities have continued to make satisfactory progress under the program.
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