{"id":50133,"date":"2024-09-27T19:33:49","date_gmt":"2024-09-27T14:33:49","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=50133"},"modified":"2024-09-27T19:33:49","modified_gmt":"2024-09-27T14:33:49","slug":"pakistan-receives-first-installment-of-1-26b-loan-from-imf","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pakistan-receives-first-installment-of-1-26b-loan-from-imf\/","title":{"rendered":"Pakistan receives first installment of $1.26b loan from IMF"},"content":{"rendered":"<p>ISLAMABAD: Pakistan has received its first loan tranche under the<a href=\"https:\/\/dailyausaf.com\/en\/business\/imf-greenlights-7-billion-bailout-package-for-pakistan\/\"> International Monetary Fund<\/a> (IMF) programme.<\/p>\n<p>According to a statement issued by the <a href=\"https:\/\/dailyausaf.com\/en\/business\/sbp-cuts-key-policy-rate-by-200bps-to-17-5pc-amid-slowing-inflation\/\">State Bank of Pakistan<\/a>, the first tranche of $1.269 billion was received from the IMF today after the Executive Board of the IMF approved the $7 billion, 37-month Extended Fund Facility.<\/p>\n<p>The statement added that the amount will be added to State Bank reserves and released on Thursday, October 3, 2024.<\/p>\n<p>It should be noted that the IMF had recently approved a $7 billion bailout package for Pakistan.<\/p>\n<p>Sources say that under the loan program, Pakistan will have to follow the conditions of the IMF.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pakistan has received its first loan tranche under the International Monetary Fund (IMF) programme. According to a statement issued by the State Bank of Pakistan, the first tranche of $1.269 billion was received from the IMF today after the Executive Board of the IMF approved the $7 billion, 37-month Extended Fund Facility. The statement [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":19519,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1247,599,160],"class_list":["post-50133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-international-monetary-fund","tag-state-bank-of-pakistan","tag-imf"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/50133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=50133"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/50133\/revisions"}],"predecessor-version":[{"id":50134,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/50133\/revisions\/50134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/19519"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=50133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=50133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=50133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}