26th instalment: Pakistan repays IMF $109m

During the current fiscal year, Pakistan has returned IMF $2 billion, including $1.8 billion under the SBA facility.


Our Correspondent December 30, 2013
With the 26th instalment, Pakistan has repaid the IMF $6.3 billion since July 2011. PHOTO: FILE

KARACHI: Pakistan repaid $109 million on Monday under the International Monetary Fund (IMF) Standby Agreement (SBA), according to a spokesperson for the State Bank of Pakistan (SBP).

With the 26th instalment, Pakistan has repaid the IMF $6.3 billion since July 2011, of which $5.5 billion was paid under the SBA facility.

With the latest repayment, Pakistan has paid back $256 million in December alone, having paid $147 million last week.

During the current fiscal year, Pakistan has returned the lender $2 billion, including $1.8 billion under the SBA facility.

Another $57 million was returned under the Natural Disaster Assistance during the same period.

COMMENTS (11)

MAK | 7 years ago | Reply

@Murtaza. Actually it's "spelled" Installment.

SHB | 7 years ago | Reply

@Kublai: Please prove it. Any document or source of information? I am not against his putting two cent down this way. I am just curios about your allegation.

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