Pakistan’s IMF loans: Review of $7 billion funds begins; discussion on measures to meet targets
Pakistan’s IMF loans: Review of $7 billion funds begins; discussion on measures to meet targets
The IMF has initiated critical discussions with Pakistan's economic officials to review its $7 billion loan and $1.1 billion Resilience and Sustainability Facility. Performance has been uneven, marked by significant revenue shortfalls. The two-week mission will address corrective measures and Pakistan's request for support on a $6 billion refinery upgrade, aimed at reducing emissions.
The IMF has initiated critical discussions with Pakistan's economic officials to review its $7 billion loan and $1.1 billion Resilience and Sustainability Facility. Performance has been uneven, marked by significant revenue shortfalls. The two-week mission will address corrective measures and Pakistan's request for support on a $6 billion refinery upgrade, aimed at reducing emissions.