Pakistan says IMF conditions for $1.2 billion tranche met

Pakistan has met IMF's benchmarks in the energy sector, potentially paving the way for the disbursement of the next loan tranche of $1.2 billion. The targets set for containing circular debt, increasing electricity prices, and reducing line losses have been achieved. The disbursement of the next loan tranche is pending.

Feb 25, 2024 - 15:00
Pakistan says IMF conditions for $1.2 billion tranche met
Pakistan has met IMF's benchmarks in the energy sector, potentially paving the way for the disbursement of the next loan tranche of $1.2 billion. The targets set for containing circular debt, increasing electricity prices, and reducing line losses have been achieved. The disbursement of the next loan tranche is pending.