SBP receives first tranche of $1bn from IMF

MG News | September 27, 2024 at 07:07 PM GMT+05:00

0:00

September 27, 2024 (MLN): Following the approval of the International Monetary Fund (IMF) Executive Board of 37-month Extended Fund Facility amounting to $7 billion, the State Bank of Pakistan (SBP) has received the first tranche of SDR 760 million (equivalent to $1.0269bn) from the IMF today, it said in a statement.

These inflows will be reflected in SBP liquid reserves to be released on Thursday October 03, 2024.

The Executive Board of the IMF on Wednesday approved the 37-month Extended Arrangement under the Extended Fund Facility (EFF) for Pakistan.

Copyright Mettis Link News

Related News

Pakistan, Italy to strengthen marble industry ties

Pakistan seeks global investment, reforms spotlighted at MENAP meet

Pakistan, US sign major agricultural trade deal

Name	Price/Vol	%Chg/NChg
KSE100	165,170.85 1,217.49M	-0.31% -515.53
ALLSHR	100,571.43 2,278.29M	-0.21% -214.37
KSE30	50,713.78 104.55M	-0.41% -209.38
KMI30	240,486.24 78.95M	-0.48% -1164.47
KMIALLSHR	66,324.28 1,354.96M	-0.40% -268.27
BKTi	46,833.17 46.01M	-0.39% -181.34
OGTi	32,185.34 9.62M	-0.60% -194.81

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	111,080.00	112,095.00 110,605.00	-470.00 -0.42%
BRENT CRUDE	62.29	62.75 62.21	0.38 0.61%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	92.50	92.70 92.50	1.45 1.59%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	58.69	59.11 58.55	0.42 0.72%
SUGAR #11 WORLD	15.73	15.80 15.67	0.04 0.25%