ISLAMABAD: The International Monetary Fund (IMF) has confirmed the inclusion of Pakistan in the agenda of today’s meeting.
The external financing issue between Pakistan and the IMF was settled yesterday and the IMF has now The difference plan has been approved, thus another condition will be fulfilled before the IMF board meeting.
The IMF has also confirmed the inclusion of Pakistan in the July 12 (today) meeting agenda. According to the Ministry of Finance. The IMF has accepted the financing gap plan of 8.2 billion dollars sent by the Ministry of Finance.
According to sources, financing will be obtained from the IMF, the World Bank, the Asian Development Bank, China, Saudi Arabia and the UAE. 3 from China during the current financial year.Financing of 5 billion dollars will be arranged.
According to the plan of the Ministry of Finance, financing of 2 billion dollars will be obtained from Saudi Arabia and 1 billion dollars from the UAE, financing of 500 million dollars from the Asian Development Bank and the World Bank.
50 million dollars financing will be obtained from the Ministry of Finance. According to the plan of the Ministry of Finance, 3 billion dollars will be obtained from the IMF under the loan agreement. A standby of 3 billion dollars for 9 months between Pakistan and the IMF.
An agreement has been reached under which the Executive Board of the IMF will approve the release of a $1.1 billion tranche for Pakistan.will approve the issuance of 1 billion dollar tranche.will approve the issuance of 1 billion dollar tranche.
