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Reading: Pakistan receives fourth IMF tranche worth $556 million
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PhotoNews Pakistan > Business > Pakistan receives fourth IMF tranche worth $556 million
Business

Pakistan receives fourth IMF tranche worth $556 million

Web Desk
By Web Desk Published July 4, 2014 1 Min Read
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Pakistan has received $556 million as the fourth instalment of an International Monetary Fund (IMF) loan approved last year to bolster the country’s struggling economy.

The fourth payment of the Extended Facility Fund (EFF) was released after an IMF team reviewed the economic performance of the country last month.

“We have got the $556 million into our foreign exchange reserves now,” a State Bank of Pakistan spokesman confirmed to the media.

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