The International Monetary Fund (IMF) is set to convene its executive board meeting on April 29 to discuss the disbursement of $1.1 billion to Pakistan. This financial assistance is part of the IMF's Extended Fund Facility (EFF) program aimed at supporting Pakistan's economic reforms and stability.
The IMF's decision to release the funds comes after Pakistan successfully completed the prior review under the EFF program. The disbursement of $1.1 billion will provide much-needed liquidity to Pakistan's economy, helping to address its balance of payments challenges and support its foreign exchange reserves.