The approval allows for the disbursement of about $4 billion. Argentina’s economy minister says the country will continue to implement macroeconomic policies. The IMF announced on June 8 that it had reached a staff-level agreement on an updated macroeconomic framework with Argentina. The chief leading group of the International Monetary Fund on Friday finished the … Read more
ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) has approved around $1 billion tranche for Pakistan after concluding the 2021 Article IV consultation and the sixth review of the arrangement under the Extended Fund Facility. The review allows the authorities to draw the equivalent of SDR 750 million (around $1 billion), bringing the … Read more
ISLAMABAD: The International Monetary Fund (IMF) on the government’s request has delayed its board meeting for the sixth review of the Extended Fund Facility (EFF), an official said. Federal Minister for Finance and Revenue Shaukat Tarin said that the government requested the IMF to delay its board meeting as the State Bank of Pakistan (SBP) … Read more
