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WASHINGTON – The International Monetary Fund (IMF) has defended its recent $1.4 billion disbursement to Pakistan, rejecting Indian objections and confirming that Islamabad met all necessary conditions. Speaking at a press briefing on Thursday, IMF spokesperson Julie Kozack said Pakistan had achieved all performance targets under the Extended Fund Facility (EFF). She clarified that the …
Continue reading “IMF Defends Pakistan Bailout, Rejects India’s Concerns”
Islamabad: Pakistan and the International Monetary Fund (IMF) have made significant progress toward a Staff-Level Agreement (SLA) on the first review of the $7 billion loan program. IMF Mission Chief Nathan Porter confirmed the development. He stated that discussions between the lender and Pakistani authorities moved forward on economic reforms under the Extended Fund Facility …
Continue reading “Pakistan, IMF Make Progress on $7 Billion Loan Agreement”
