Pakistan, IMF Reach Agreement for $1.1bn Release from Bailout Package

Pakistan, IMF Reach Agreement for $1.1bn Release from Bailout Package

Pakistan, IMF Reach Agreement for $1.1bn Release from Bailout Package

Out of a $3 billion bailout plan, Pakistan and the International Monetary Fund (IMF) agreed to split $1.1 billion. This monetary assistance is essential for Pakistan to avoid a financial crisis and meet its debt commitments. The IMF’s declaration comes after thorough deliberations between its representatives and the recently elected government of Pakistan, under the […]