ISLAMABAD: The International Monetary Fund’s (IMF) executive board on Wednesday revived Pakistan’s stalled programme, clearing $1 billion tranche.
The development came after Pakistan gave absolute autonomy to the State Bank of Pakistan. Islamabad also took around Rs800 billion measures to meet the IMF conditions.
I am pleased to announce that IMF Board has approved 6th traunche of their programme for Pakistan.
— Shaukat Tarin (@shaukat_tarin) February 2, 2022
Taking to Twitter, Finance Minister Shaukat Tarin wrote: “I am pleased to announce that the IMF board has approved sixth loan tranche of its programme for Pakistan.”