Pakistan hopes for IMF bailout decision in a day or two

Pakistan hopes a bailout decision from the International Monetary Fund will come in a day or two, its prime minister said on Tuesday, after a telephone conversation with the chief of the global lender.Islamabad has been waiting for a deal after taking policy and fiscal tightening decisions required by the IMF for the disbursal of $1.1 billion under the lender's ninth review of a $6.5-billion Extended Fund Facility agreed in 2019.

Jun 27, 2023 - 22:30
Pakistan hopes for IMF bailout decision in a day or two
Pakistan hopes a bailout decision from the International Monetary Fund will come in a day or two, its prime minister said on Tuesday, after a telephone conversation with the chief of the global lender.Islamabad has been waiting for a deal after taking policy and fiscal tightening decisions required by the IMF for the disbursal of $1.1 billion under the lender's ninth review of a $6.5-billion Extended Fund Facility agreed in 2019.