{"id":295,"date":"2024-04-29T17:37:52","date_gmt":"2024-04-29T17:37:52","guid":{"rendered":"https:\/\/pakistanspeaks.com\/?p=295"},"modified":"2024-04-29T17:37:52","modified_gmt":"2024-04-29T17:37:52","slug":"the-international-monetary-fund-imf-board-has-granted-approval-for-the-disbursement-of-a-1-1-billion-loan-to-pakistan","status":"publish","type":"post","link":"https:\/\/pakistanspeaks.com\/index.php\/2024\/04\/29\/the-international-monetary-fund-imf-board-has-granted-approval-for-the-disbursement-of-a-1-1-billion-loan-to-pakistan\/","title":{"rendered":"The International Monetary Fund (IMF) Board has granted approval for the disbursement of a $1.1 billion loan to Pakistan."},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone  wp-image-296\" src=\"http:\/\/pakistanspeaks.com\/wp-content\/uploads\/2024\/04\/IMF-300x168.jpg\" alt=\"\" width=\"812\" height=\"455\" srcset=\"https:\/\/pakistanspeaks.com\/wp-content\/uploads\/2024\/04\/IMF-300x168.jpg 300w, https:\/\/pakistanspeaks.com\/wp-content\/uploads\/2024\/04\/IMF-768x430.jpg 768w, https:\/\/pakistanspeaks.com\/wp-content\/uploads\/2024\/04\/IMF-150x84.jpg 150w, https:\/\/pakistanspeaks.com\/wp-content\/uploads\/2024\/04\/IMF.jpg 1000w\" sizes=\"(max-width: 812px) 100vw, 812px\" \/><\/p>\n<p>The International Monetary Fund&#8217;s (IMF) Executive Board has completed the second review of Pakistan&#8217;s economic reform program, which is supported by the IMF&#8217;s $3 billion Stand-By Arrangement (SBA). As a result of the Board&#8217;s decision, approximately US$1.1 billion will be immediately disbursed, as confirmed by sources in the Ministry of Finance. The IMF is expected to release a detailed statement on this matter soon.<\/p>\n<p><script type=\"text\/javascript\">\n\tatOptions = {\n\t\t'key' : 'f86c531c7be1d3cfbdb1b4f450b132ad',\n\t\t'format' : 'iframe',\n\t\t'height' : 300,\n\t\t'width' : 160,\n\t\t'params' : {}\n\t};\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"\/\/www.topcreativeformat.com\/f86c531c7be1d3cfbdb1b4f450b132ad\/invoke.js\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>It is worth mentioning that a team from the IMF, led by Nathan Porter, visited Islamabad from March 14-19, 2024, to engage in discussions regarding the second review.<\/p>\n<p>The influx of funds will significantly boost the reserves held by the State Bank of Pakistan (SBP), bringing them close to the $9 billion mark. As of April 19, the SBP&#8217;s foreign currency reserves stood at $7.981 billion.<\/p>\n<p><script type=\"text\/javascript\">\n\tatOptions = {\n\t\t'key' : 'f86c531c7be1d3cfbdb1b4f450b132ad',\n\t\t'format' : 'iframe',\n\t\t'height' : 300,\n\t\t'width' : 160,\n\t\t'params' : {}\n\t};\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"\/\/www.topcreativeformat.com\/f86c531c7be1d3cfbdb1b4f450b132ad\/invoke.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund&#8217;s (IMF) Executive Board has completed the second review of Pakistan&#8217;s economic reform program, which is supported by the IMF&#8217;s $3 billion Stand-By Arrangement (SBA). As a result of the Board&#8217;s decision, approximately US$1.1 billion will be immediately disbursed, as confirmed by sources in the Ministry of Finance. The IMF is expected&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_kadence_starter_templates_imported_post":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[89,92,93,91,90],"class_list":["post-295","post","type-post","status-publish","format-standard","hentry","category-national","tag-imf","tag-international-monetary-funf","tag-pakistan-loan","tag-sba","tag-stand-by-arragement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The International Monetary Fund (IMF) Board has granted approval for the disbursement of a $1.1 billion loan to Pakistan. - Pakistan Speaks<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pakistanspeaks.com\/index.php\/2024\/04\/29\/the-international-monetary-fund-imf-board-has-granted-approval-for-the-disbursement-of-a-1-1-billion-loan-to-pakistan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The International Monetary Fund (IMF) Board has granted approval for the disbursement of a $1.1 billion loan to Pakistan. - Pakistan Speaks\" \/>\n<meta property=\"og:description\" content=\"The International Monetary Fund&#8217;s (IMF) Executive Board has completed the second review of Pakistan&#8217;s economic reform program, which is supported by the IMF&#8217;s $3 billion Stand-By Arrangement (SBA). 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