Pakistan Seeks IMF Approval for 1.2 Billion Dollar Tranche
Pakistan's Finance Minister Muhammad Aurangzeb is pushing for early approval of the next IMF funding tranche worth approximately 1.2 billion dollars during upcoming consultations next month. The package includes 1 billion dollars under the Extended Fund Facility and 200 million dollars under the Resilience and Sustainability Facility. A staff-level agreement was already signed following the IMF's second review completion last year. Aurangzeb, currently in Washington for World Bank-IMF Spring Meetings, emphasized that securing this tranche remains the government's primary focus. He also highlighted Pakistan's strong external sector performance, including a current account surplus exceeding 1 billion dollars in March and record remittance inflows of 3.8 billion dollars.
MA
Saturday, April 18, 2026 at 8:20 AM
0
0
0
0