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Pakistan May Get $1.2Bn From IMF On Dec 9

Pakistan May Get $1.2Bn From IMF On Dec 9

Pakistan Is Expected To Receive A $1.2 Billion Tranche From The International Monetary Fund (IMF) On December 9, Following The Successful Completion Of The Fund’s Second Review Under The Stand-By Arrangement. The Disbursement Will Provide Crucial Support To Strengthen Pakistan’s Foreign Exchange Reserves And Stabilize The Economy. The IMF Has Commended Pakistan’s Commitment To Fiscal Discipline, Energy Sector Reforms, And Improved Revenue Collection. Officials Said That Continued Reforms Will Be Essential To Secure A Broader, Long-Term IMF Program. The Funding Is Expected To Ease Pressure On The Rupee And Improve Market Confidence Ahead Of 2025.