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IMF meeting today, likely to approve loan for Pakistan

News Desk by News Desk
August 29, 2022
IMF confirmed a 17 1.17 billion deal with Pakistan
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Web Desk: The meeting of the Executive Board of the International Monetary Fund   ( IMF ) will be held in Washington today, in which the agreement with Pakistan is likely to be approved . 

It should be noted that Pakistan has requested a one-year extension in the duration of the program and an increase in the loan amount of one billion dollars.

It should be remembered that two weeks ago, the International Monetary Fund ( IMF ) had issued a letter of intent to Pakistan . What was the contact with the countries? After which the hope of getting the episode increased. At the same time, the value of the dollar is gradually decreasing.

In today’s board meeting , the quota of Saudi Arabia’s loan is also likely to be given to Pakistan .

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