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PhotoNews Pakistan > Business > $109m paid to IMF
Business

$109m paid to IMF

Web Desk
By Web Desk Published April 2, 2014 1 Min Read
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Pakistan on Tuesday paid 30th installment amounting SDR71 million equivalent to US$109 million to the International Monetary Fund (IMF) under its standby arrangement (SBA) facility.

State Bank spokesperson said a total of SDR4.591 billion ($7.010bn) has so far been repaid to the IMF since July 2011. Of this amount $6.066bn was under the SBA facility, the spokesperson added.

The country has to pay remaining SDR958 million by Sept 2015 still due under this facility.

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