12 February, 2023
The International Monetary Fund has agreed to resume a $6 billion loan to Pakistan, marking progress in a program that’s been moving in fits and starts since 2019.
The executive board of the Washington-based lender completed its sixth review of the extended fund facility, allowing the nation to receive about $1 billion, the fund said in a statement on Wednesday. The IMF also finished its annual Article IV evaluation of the nation’s economy.
- Bloomberg