2nd review of Stand-By Arrangement with IMF scheduled from Thursday
March 13, 2024
The second review of Stand-By Arrangement with International Monetary Fund (IMF) is scheduled from tomorrow in Islamabad.
This would be final review of Stand-By Arrangement and staff level agreement is expected after this appraisal.
Pakistan has met all structural benchmarks, qualitative performance criteria and indicative targets for successful completion of the IMF review.
A press release issued by the Finance Division says, once staff level agreement is reached, final tranche of one point one billion dollar will be disbursed, following the approval of Executive Board of the IMF.
Source: Radio Pakistan