PakistanAbout 1.1 billion {dollars} acquired from IMF, State Financial institution spokesperson

About 1.1 billion {dollars} acquired from IMF, State Financial institution spokesperson


The State Financial institution of Pakistan (SBP) has acquired round $1.1 billion from the Worldwide Financial Fund (IMF).

In accordance with the State Financial institution spokesperson, the Govt Board of the Worldwide Financial Fund has accomplished the second overview underneath the Standby Association.

He stated that the Worldwide Financial Fund accepted an quantity of SDR 828 million for Pakistan.

In accordance with the spokesperson, the State Financial institution acquired SDR 828 million or about $1.1 billion in its account from the IMF.

He additionally stated that through the week ending May 3, 2024, this quantity will seem within the overseas alternate reserves of the State Financial institution.

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