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Pakistan secures USD 1.3 billion IMF funding amid economic reforms

Funding was secured on Tuesday through separate International Monetary Fund (IMF) programmes, split between the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), aiming to stabilise Pakistan's external payments and help it fight climate-related hazards

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Last week, the executive board of IMF agreed to provide Pakistan with about USD 1 billion. Representational pic

Last week, the executive board of IMF agreed to provide Pakistan with about USD 1 billion. Representational pic

Pakistan has received USD 1.3 billion from the International Monetary Fund under two separate ongoing financing arrangements, the central bank said on Wednesday.

Funding was secured on Tuesday through separate International Monetary Fund (IMF) programmes, split between the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), aiming to stabilise Pakistan's external payments and help it fight climate-related hazards.

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