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IMF expresses satisfaction with Pakistan's economic measures, use of loan

Business Standard LogoBusiness Standard6h ago

IMF expresses satisfaction with Pakistan's economic measures, use of loan - Business Standard

Quick Summary:

The International Monetary Fund (IMF) delegation led by Nathan Porter visited Islamabad and Karachi from February 24 to March 14 to undertake the First Review for the 37-month extended arrangement under the Extended Fund Facility (EFF) and on discussions for an arrangement of a fresh loan under the Resilience and Sustainability Facility (RSF).

The team held discussions on the first review of Pakistan's economic programme supported by the EFF and on a possible new arrangement under the RSF, according a statement issued by Nathan Porter at the conclusion of the visit on Friday.

An IMF mission after a key visit to Pakistan acknowledged that the country achieved a strong implementation of the USD 7 billion loan programme agreed upon last year, it emerged on Saturday.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-15 @ 11:55:24 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 444 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27019019

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 122 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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