IMF ready to resume loan program - IMF Deal - Good News for Pakistan - SAMAA TV - 22 Nov 2021
#SamaaNews #PakistanNewsLive #NewsToday ➽ Subscribe to Samaa News ➽ https://bit.ly/2Wh8Sp8 ➽ Watch Samaa News Live ➽ https://ift.tt/2mhpH3B IMF agrees to release loan tranche, spells out tough conditions Implementation of the FATF actions plan also demanded The International Monetary Fund (IMF) has agreed to release the next loan tranche of $1b to Pakistan under the $6bn programme. However, a staff-level agreement reached between the Fund and the Pakistan government spells out tough conditions. The agreement, which still needs to be approved by the Fund’s Executive Board, also praises Pakistan for meeting key targets and will likely improve investors’ trust in the country. The breakthrough comes after protracted negotiations that began on October 4. The next loan tranche of $1.059 billion would bring the total IMF disbursements to Pakistan to $3.27 billion. In a statement, the IMF confirmed the “staff-level agreement on policies and reforms needed to complete the sixth review under the EFF (Extended Fund Faciliity).” The agreement spells out a number of conditions agreed between the Fund and Pakistan. SAMAA’s live news bulletins, incisive political talk shows and a wide range of programs including sports, social issues and infotainment has enabled it to position itself among the top tier news and current affairs channels of Pakistan. SAMAA Network : SUBSCRIBE to get the latest SAMAA News content: https://bit.ly/2Wh8Sp8 ► SAMAA News YouTube Channel: https://bit.ly/2Wh8Sp8 ► SAMAA Originals YouTube Channel: https://bit.ly/32c1qO3 ► SAMAA MONEY YouTube channel: https://bit.ly/2EkiglJ ► SAMAA SPORTS YouTube channel: https://bit.ly/34jyINP ► DEEN KA SAMAA YouTube channel: https://bit.ly/2LT1WMF Keep watching SAMAA! Like and Follow us on Official Social Platforms: http://www.samaa.tv https://ift.tt/38RETck http://www.twitter.com/samaatv https://ift.tt/3j0gmGG
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Monday, November 22, 2021
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