Pakistan pays $396m tranche to IMF
Pakistan still owes IMF, SBA $2.278 billion.
Pakistan to-date has repaid to IMF USD $6.045 billion since July 2011. PHOTO: FILE
ISLAMABAD:
The State Bank of Pakistan (SBP) announced on Tuesday that the country had successfully paid its 24th installment under IMF, SBA facility amounting to US $396 million.
A SBP spokesperson in a statement said that with repayment of current installment, Pakistan to-date has repaid to IMF USD $6.045 billion since July 2011, of which US$5.256 billion was under SBA facility.
After the current repayment, Pakistan owes the IMF, SBA $2.278 billion, the SBP spokesperson added.
The State Bank of Pakistan (SBP) announced on Tuesday that the country had successfully paid its 24th installment under IMF, SBA facility amounting to US $396 million.
A SBP spokesperson in a statement said that with repayment of current installment, Pakistan to-date has repaid to IMF USD $6.045 billion since July 2011, of which US$5.256 billion was under SBA facility.
After the current repayment, Pakistan owes the IMF, SBA $2.278 billion, the SBP spokesperson added.