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The Economic Times
The Economic Times

Pakistan receives USD 1.3 bn loan from IMF: Central bank

Pakistan International Monetary Fund the International Monetary Fund EFF

Islamabad: Pakistan has received USD 1.3 billion from the International Monetary Fund under two separate ongoing financing arrangements, the central bank said on Wednesday.

Funding was secured on Tuesday through separate International Monetary Fund (IMF) programmes, split between the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), aiming to stabilise Pakistan's external payments and help it fight climate-related hazards.

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