Web Desk: Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement, paving the way for the release of fresh financial support.
Pakistan and the IMF have finalized a staff-level agreement on the third review of the Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF).
The agreement is subject to approval by the IMF Executive Board. Once cleared, Pakistan will receive $1 billion under the EFF and approximately $210 million under the RSF.
This will bring total disbursements under both programs to around $4.5 billion.
