IMF Approves Release Tranches Of $1.17 Billion To Pakistan

ISLAMABAD:Minister for Finance Miftah Ismail, in a tweet, said now IMF Approves Release Tranches of $1.17 billion from the IMF.

The International Monetary Fund (IMF) Board on Monday approved the revival of Pakistan’s Extended Fund Facility Programme (EFF).

“Alhamdolillah the IMF Board has approved the revival of our EFF program. We should now be getting the 7th & 8th tranche of $1.17 billion.”

Miftah thanked Prime Minister Shehbaz Sharif for taking so many tough decisions and saving Pakistan from default. He also congratulated the nation on the good news.