IMF tranche received: SBP

03:51 PM | 1 Apr, 2015
IMF tranche received: SBP
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ISLAMABAD (APP) - The sixth tranche of the International Monetary Fund (IMF) of $499.049 million under the Extended Fund Facility have received on March 31, the Satate Bank of Pakistan (SBP) said in a statement on Wednesday.

On Friday, the IMF said that it was releasing a $501 million loan installment to Pakistan, as the South Asian country was on track in meeting the conditions of the IMF's loan program.