The State Bank of Pakistan (SBP) Friday received the first loan tranche of around $1.027 billion from the International Monetary Fund (IMF).
“Following the approval of the IMF Executive Board of 37-month Extended Fund Facility amounting to $7 billion, SBP has received the first tranche of SDR 760 million (equivalent to $1026.9 million) from the IMF today,” the central bank said in a brief statement.
These inflows will be reflected in SBP liquid reserves to be released on Oct 3, 2024, the statement added.
The tranche will propel the reserves held by the central bank to well over $10 billion. As of the latest data issued by the central bank, on September 20, the foreign currency reserves held by the SBP were recorded at $9.53 billion.
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Thank you, Sir Umar, for letting me know about that. By the way, just a friendly reminder to read Surah Mulk before you hit the hay tonight. https://surahalmulk.net/
congratulations to the nation, successful begging spree continues..
faqeeron ne mulk kab ka baich daala… tub bhi angrezo k ghulam thay aur ab bhi… bs faraq itna hah k ab kuch parchio k peeche zulm karne walay apni hi dharti k ghaddar hain…
Good new for pakistan
https://siwzstore.com/
yeah kia pagal pan hai mulk ka sattiya nas huava hai
pul aur underpass bana bana k barbad kardia sab
bhago mulk chorkay