'$3b stand-by arrangement with IMF to bring short term relief' - News Summed Up

'$3b stand-by arrangement with IMF to bring short term relief'


Taking to Twitter to rejoice in the staff-level agreement, Prime Minister Shehbaz Sharif expressed hope that this is a step in the right direction. Alhamdulillah, I am pleased to announce that Pakistan has reached a Staff-Level Agreement with the IMF on a nine-month US$3 billion Stand-By Arrangement. IMF Reaches Staff-level Agreement with Pakistan on a US$3 billion Stand-By Arrangement. https://t.co/nbFeHp0s8A — Ahsan Iqbal (@betterpakistan) June 30, 2023Finance Minister Ishaq Dar too shared the IMF's press release on the staff-level agreement and thanked God. "The 9 month SBA for $3 billion will bring some badly needed relief in the short term.


Source: The Express Tribune June 30, 2023 16:53 UTC



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