US$ 2.75 billion receives from IMF, SBP
The SBP received USD 2.75 billion from the International Monetary Fund (IMF) to Pakistan.The money received from the IMF is part of the announced SDR.
It should be noted that a loan program of 650 billion dollars has been started for the IMF member countries, under which Pakistan has also been given a loan.
According to the IMF, the executive board had approved a program to deal with Corona.
Finance Ministry sources said that a loan of $2.75 billion from the IMF is being given to Pakistan unconditionally and this amount will be transferred to Pakistan’s account today.
Sources in the Ministry of Finance said that with the transfer of this amount, Pakistan’s foreign exchange reserves will reach the highest level in history.