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Pakistan Received More Than $1 Billion From IMF, Says SBP

admin-augaf by admin-augaf
May 14, 2025
in Business, Finance
Reading Time: 1 min read
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Karachi May 14 2025: State Bank of Pakistan received more than USD 1 billion from Internaltional Monetary Fund under the 2nd installment of Extended Fund Facility.

“SBP has received the second tranche of SDR 760 million (US$ 1,023 million) from the IMF under the EFF program” states State Bank of Pakistan.

“The amount will be reflected in SBP’s foreign exchange reserves for the week ending on 16th May 2025” the statement added.

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