ISLAMABAD: The International Monetary Fund (IMF) board on Monday has approved the revival of our EFF program.
In his latest Tweet, Finance Minister Miftah Ismail said that following the revival of program, Pakistan should now be getting the 7th & 8th tranche of $1.17 billion.
He further said, “I want to thank the Prime Minister Shehbaz Sharif for taking so many tough decisions and saving Pakistan from default. I congratulate the nation.”
In July this year, Pakistan had reached a staff-level agreement with the International Monetary Fund, a milestone that would pave the way for the release of an additional $1.2 billion in loans and unlock more funding.