IMF approves financing gap plan. There has been good news regarding the agreement reached by Pakistan with the International Monetary Fund (IMF).
The International Monetary Fund (IMF) today approved the financing gap plan.
One more condition will be met before today’s IMF board meeting.
The IMF has confirmed the inclusion of Pakistan in the agenda of today’s (July 12) meeting.
It should be noted that the meeting of the IMF Executive Board to be held today will approve the release of an installment of about 1.1 billion dollars to Pakistan.
Before the meeting, Saudi Arabia has given 2 billion dollars to Pakistan.
IMF has also accepted Pakistan’s financing gap plan of 8.2 billion dollars.