The International Monetary Fund's (IMF) executive board has greenlit Pakistan's latest loan review, unlocking $1.2 billion in funds to prop up the nation's fragile economy. This crucial financial injection aims at bolstering the economy by rebuilding reserves and keeping inflation in check, while adhering to IMF stipulations.

The board sanctioned the release of $1 billion under Pakistan's $7 billion Extended Fund Facility, alongside an additional $200 million from the Resilience and Sustainability Facility. Thus, the cumulative disbursements under both schemes have now reached approximately $3.3 billion, signaling continued IMF backing.

The IMF's statement emphasizes the need for Pakistan to uphold prudent policies, expedite reforms for macroeconomic stability, and foster private sector-

See Full Page