IMF $6 billion package to help safeguard economic condition: Hafeez Sheikh

MG News | July 03, 2019 at 10:55 PM GMT+05:00

0:00

Jul 3: Advisor to Prime Minister on Finance, Revenue and Economic Affairs, Abdul Hafeez Sheikh on Wednesday stated that IMF bailout package of six billion dollars would help safeguard economic condition of the country.

In a statement, he further stated that bailout package approved by the IMF Executive Board would bring economic stability.

Meanwhile, the IMF said, that the loan facility of over six billion dollar would be provided over three years period.

The executive board had given approval of one billion dollar for this year which would be given forthwith.

The loan facility would help economic plan of Pakistan, besides improving the living standard of the people.

APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	186,602.43 99.63M	0.83% 1544.60
ALLSHR	112,027.49 208.80M	0.75% 828.50
KSE30	57,261.70 58.15M	0.80% 452.70
KMI30	264,847.59 26.56M	0.78% 2041.01
KMIALLSHR	72,102.43 91.08M	0.71% 510.48
BKTi	54,083.51 40.80M	0.84% 448.66
OGTi	38,922.83 2.58M	0.10% 37.42

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,760.00	79,435.00 77,870.00	555.00 0.71%
BRENT CRUDE	65.92	66.64 65.66	-0.38 -0.57%
RICHARDS BAY COAL MONTHLY	90.00	0.00 0.00	-4.75 -5.01%
ROTTERDAM COAL MONTHLY	102.50	102.50 100.25	-0.90 -0.87%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	61.83	62.46 61.55	-0.31 -0.50%
SUGAR #11 WORLD	14.26	14.35 14.13	-0.01 -0.07%