Pakistan wins initial IMF approval to unlock $700m tranche under SBA

International Monetary Fund (IMF) building in Washington DC. — AFP/File In a positive development, Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review under a Stand-By Arrangement (SBA), subject to approval by the Executive Board of the global lender. Upon approval, Pakistan will have access to $700 million, […]

IMF delegation to visit Pakistan on Nov 2 for SBA review

In this file photo taken on April 15, 2020, a sign is seen outside the headquarters of the International Monetary Fund (IMF) in Washington, DC. — AFP A delegation of the International Monetary Fund (IMF) will arrive in Pakistan on November 2 for talks pertaining to the initial assessment of the $3 billion Stand-By Arrangement […]

IMF says implementation of SBA crucial to Pak’s economic future | The Express Tribune

The International Monetary Fund’s (IMF) Director of Strategic Communications Julie Kozack has said that “steadfast implementation” of the nine-month Stand-by Arrangement (SBA) was critical to Pakistan’s future. “Steadfast implementation is critical to address its large financing needs & support the most vulnerable,” she said in a statement on Thursday. The Stand-By Arrangement (SBA) for Pakistan 🇵🇰 comes […]

IMF board green-lights $3 billion SBA for Pakistan

The seal for the International Monetary Fund is seen in Washington, D.C., Jan. 10, 2022. — AFP The International Monetary Fund (IMF) Executive Board on Wednesday approved a staff-level agreement reached with Pakistan on a short-term stand-by deal. “Today, the Executive Board of the International Monetary Fund (IMF) approved a 9-month Stand-By Arrangement (SBA) for […]

PM terms Paris meeting with IMF chief ‘turning point’ to clinch SBA

Prime Minister Shehbaz Sharif, Finance Minister Ishaq Dar addressing the media after overseeing the signing of the SLA with IMF. — Screengrab/PTV/YouTube  After Pakistan clinched the staff-level agreement (SLA) with the International Monetary Fund (IMF) on a stand-by arrangement (SBY), Prime Minister Shehbaz Sharif termed his meeting with Managing Director Kristalina Georgieva in Paris as […]

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