UAE confirms $1bn bilateral support for IMF programme: Dar
Finance minister says Pakistan now engaged for needful documentation for taking the deposit from UAE authorities
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Finance minister says Pakistan now engaged for needful documentation for taking the deposit from UAE authorities
Dar linked the development with the ninth review of the Extended Fund Facility (EFF) of the IMF
Pakistan finance minister Ishaq, Dar on Friday said the United Arab Emirates (UAE) confirmed, Dar claims that the UAE has pledged $1 billion in support for Pakistan, indicating the possibility of an IMF agreement Latest Updates at news18.com
The commitment is one of the requirements that the International Monetary Fund has said it needs to move ahead on a months-long delayed bailout package to shore up Pakistan's struggling economy.
With the revival of IMF programme, uncertainty regarding external financing will also fade away, says governor