imf to release us102 million tranche to pakistan
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

IMF to Release US$102 Million Tranche to Pakistan

Egypt Today, egypt today

Egypt Today, egypt today IMF to Release US$102 Million Tranche to Pakistan

IMF.
Washington - QNA

The exe­cu­tive board of the Interna­tio­nal Monetary Fund (IMF) completed the 12th and final review of an extended fund facility for Pakistan, enabling immediate disbursement of the final tranche of about $102.1 million.

The arrangement aimed to support the country’s economic reforms programme to promote inclusive growth. The facility started with an initial disbursement of about US$544.5m in 2013, while the remaining amount was evenly disbursed over the duration of the programme, subject to the completion of quarterly reviews.

The quarterly reviews not only approved the disbursements but also praised the efforts Pakistan had made to strengthen its economy. While announcing the facility, the IMF noted that despite the challenges it faced, Pakistan was a country with abundant potential, given its geographical location and rich human and natural resources. 

In later reviews, the IMF acknowledged that Pakistan’s reforms programme helped the economy rebound, forestalled a balance of payments crisis and rebuilt reserves. The programme also helped reduce the fiscal deficit and the government undertook comprehensive structural reforms to boost investment and growth. Adherence to the programme also catalysed the mobilisation of resources from other donors. 

Source : QNA

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

imf to release us102 million tranche to pakistan imf to release us102 million tranche to pakistan



GMT 06:29 2011 Monday ,14 November

Matthew cruises to win at Ochoa Invitational

GMT 03:34 2017 Wednesday ,22 March

Tillerson to skip NATO meeting next month

GMT 13:44 2013 Friday ,15 March

Israel suppress Palestinian demonstrations

GMT 16:15 2017 Monday ,01 May

Moroccan Workers’ Syndicate

GMT 11:56 2016 Wednesday ,12 October

Toyota, Suzuki eye partnership as industry consolidates

GMT 15:42 2011 Thursday ,23 June

Express checks in with foursquare

GMT 10:49 2017 Sunday ,13 August

Car rams into crowd at violent Virginia rally

GMT 17:45 2013 Sunday ,20 October

5 Indian spices that are good for your health

GMT 08:41 2012 Saturday ,15 September

Italian magazine: will print Kate topless snaps

GMT 08:02 2012 Tuesday ,05 June

Zoe Saldana in Prabal Gurung
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday