Financial Updates

The blog "FINANCIAL UPDATES" consists on exclusive economic and commerce news about across the world particularly Pakistan economy

Tuesday, February 11, 2014

Pakistan timely pays another IMF Installment

Pakistan successfully paid the 27th Installment today under Stand By Arrangement facility of The International Monetary Fund facility amounting to SDR96 million equivalent US$147 million, told the spokesperson of State Bank of Pakistan. 

The spokesman said that with the repayment of current installment, Pakistan to-date has repaid to IMF SDRs4,289 million equivalent USD6,544 million since Jul-2011, of  which SDRs3,715 million equivalent US$5,660 million was under SBA facility: SBP Spokesperson

He said that after the current repayment, remaining amount due under IMF-SBA facility until Sep-2015 is SDRs1,221 million: SBP Spokesperson

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