Pakistan to get $497m IMF tranche soon

Pakistan to get $497m IMF tranche soon

Dubai - The mission and the Pakistani authorities have reached staff level agreement on the completion of the tenth review under the EFF arrangement



By Abdul Basit

Published: Thu 4 Feb 2016, 12:19 PM

Last updated: Thu 4 Feb 2016, 2:32 PM

Pakistan soon will get the 10th tranche of $497 million from International Monetary Fund.
It was announced during a press conference in Dubai on Thursday.
The press conference was addressed by Pakistan Finance Minister Ishaq Dar and IMF mission chief Herald Finger.

Finance Minister Ishaq Dar addresses to media during the press conference.
"After constructive discussions, the mission and the Pakistani authorities have reached staff level agreement on the completion of the tenth review under the EFF arrangement. Upon completion of this review about $497 million will be made available to Pakistan," Finger said at the news conference.
abdulbasit@khaleejtimes.com


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