Pakistan, IMF reach staff-level agreement for $1.2bn tranche

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ISLAMABAD: The International Monetary Fund (IMF) on Thursday reached a staff-level agreement (SLA) with the Pakistani authorities on the fourth review under the $7 billion Extended Fund Facility (EFF) and the third review under the $1.4bn Resilience and Sustainability Facility (RSF), qualifying Pakistan to draw about $1.2bn from the Fund’s resources within four to five weeks. “The IMF team has…

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