Us1 billion tranche for Pakistan to be released shortly says IMF Mission Chief

Us1 billion tranche for Pakistan to be released shortly says IMF Mission Chief

ISLAMABAD – International Monetary Fund Mission chief for Pakistan, Ernesto Ramirez-Rigo says IMF one billion dollars tranche for Pakistan would be released shortly, the Radio Pakistan reported.

Talking to media, Ernesto said that releasing loan would help stabilize the economic institutions in Pakistan.

He said Pakistan is focusing on economic reforms and that growth rate would also go up in the next year.

IMF Mission chief said consistency in the economic policies is necessary to strengthen the financial position, however, the IMF program would help economic stability in Pakistan.


Related Articles

Oil, gas prices likely to shoot up with rupee depreciation

The prices of oil and gas likely to observe hike in coming days due to falling value of Pakistani rupee

KP CM for prompt action to check dengue outbreak

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Mehmood Khan has directed Chief Secretary to take prompt steps to overcome the possible dengue

Prime Minister Imran Khan’s first address to the nation delayed

All eyes are set on TV screens as Prime Minister Imran Khan is all set to address the nation for