मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

IMF Greenlights $700M in Second Tranche for Pakistan from $3B Package

The Business Guardian

|

January 13, 2024

In the midst of Pakistan’s severe economic challenges, the International Monetary Fund (IMF) Executive Board conducted its inaugural review of the nation’s economic reform program, resulting in the immediate disbursement of USD 700 million on Thursday, as reported by ARY News.

IMF Greenlights $700M in Second Tranche for Pakistan from $3B Package

According to a statement from the Pakistan Finance Ministry, the Board’s endorsement authorizes the swift release of SDR 528 million (equivalent to approximately US$ 700 million), bringing the cumulative disbursements under the StandBy Arrangement (SBA) to US$ 1.9 billion.

The IMF’s approval aligns with the staff-level agreement reached between Pakistan and the IMF on 15 November 2023, emphasizing the nation’s commitment to implementing crucial reforms. This nod from the IMF Executive Board coincided with the ongoing efforts of interim Finance Minister Shamshad Akhtar and Army Chief General Asim Munir to rejuvenate the country’s ailing economy.

The current IMF program, amounting to USD 3 billion, is slated to conclude in the second week of April 2024, with approximately USD 8 billion yet to be disbursed. The IMF disbursed the initial tranche of USD 1.2 billion in July. With the IMF board’s green light, Pakistan is set to receive an additional installment of around 700 million US dollars. Finance ministry officials affirmed that Pakistan has met all IMF targets and expressed optimism about achieving the desired outcomes.

The Business Guardian से और कहानियाँ

The Business Guardian

The Business Guardian

India's renewable energy share in overall power generation to spike 35% by FY30: ICRA

India's renewable energy (RE) share in the overall power generation, including large hydro, is set to exceed 35 per cent by FY2030, up from 22.1 per cent in FY2025, said rating agency ICRA in a report on Thursday.

time to read

1 mins

November 21, 2025

The Business Guardian

The Business Guardian

Delhi Police bust transnational drug syndicate

The Delhi Police has dismantled a transnational drug trafficking syndicate with the arrest of five Nigerian nationals and the recovery of synthetic narcotics

time to read

1 min

November 21, 2025

The Business Guardian

The Business Guardian

Korean chipmakers gain on robust Nvidia earnings

The stocks of South Korea's top chipmakers rose sharply on Thursday after Nvidia Corp. reported stronger-than-expected earnings for the fiscal third quarter, as per a report by Pulse, the English service of Maeil Business News Korea.

time to read

1 min

November 21, 2025

The Business Guardian

Delhi court allows further probe into Samir Modi rape allegations

The Saket District court has permitted Delhi police to conduct further investigation on the record provided by the businessman Samir Modi, while also deferring cognisance of chargesheet filed against the businessman regarding allegations of rape.

time to read

1 min

November 21, 2025

The Business Guardian

The Business Guardian

SITHARAMAN HOLDS 10 ROUNDS OF PRE-BUDGET CONSULTATIONS

Sitharaman concludes 10 pre-budget consultations to shape Union Budget 2026-27.

time to read

1 mins

November 21, 2025

The Business Guardian

The Business Guardian

JSW MG Motor India Sells 50,000 Units of MG Windsor in Under 400 Days

JSW MG Motor India today announced that the MG Windsor has crossed the 50,000 sales milestone in just over a year, marking a historic achievement for the company.

time to read

1 mins

November 21, 2025

The Business Guardian

The Business Guardian

MDIndia Health Insurance TPA Expands NCR Presence with New Launch

In a decisive move to strengthen its service footprint in the Delhi-NCR region, MDIndia Health Insurance TPA Pvt. Ltd.—one of India's oldest and most trusted TPAs—has inaugurated its new branch in Faridabad. The expansion comes as the organization completes its 25th year of operations, during which it has built a nationwide service ecosystem supporting over 26 crore policyholders.

time to read

2 mins

November 21, 2025

The Business Guardian

The Business Guardian

FM WARNS PUBLIC AGAINST FAKE ED SUMMONS

In a social media post on X, Finance Ministry stated that these forged documents often closely resemble authentic ED notices

time to read

2 mins

November 21, 2025

The Business Guardian

16-year-old student calls for action against school teachers in suicide note

The 16-year-old Class 10 student, who died allegedly by suicide at the Rajendra Place Metro Station in New Delhi, called for action against his school teachers in his suicide note.

time to read

1 min

November 21, 2025

The Business Guardian

The Business Guardian

RBI SHOULD DELIVER ADDITIONAL 50BPS CUTS OVER NEXT 12 MONTHS

The report said the central bank may need to act as economic growth may begin to soften in 2026 due to the US tariffs that disadvantage India versus regional players.

time to read

1 mins

November 21, 2025

Listen

Translate

Share

-
+

Change font size