ISLAMABAD: Pakistan and the International Monetary Fund (IMF) will hold talks for disbursement of the third tranche of $450 million under the $6 billion Extended Fund Facility (EFF) from Feb 3, it emerged on Wednesday. The IMF delegation will perform quarterly reviews of the economy in the current fiscal year. The talks will review Pakistan’s second-quarter financial performance. Pakistan received the second tranche of $454 million from the IMF in late December. Following the release of the second tranche, the total amount of money granted so far by the IMF under the current program rose to $1,440 million.

Source: Pakistan Today January 29, 2020 09:56 UTC