IMF approved $1 billion loan tranche for Pakistan: Tarin

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ISLAMABAD: The International Monetary Fund’s  (IMF) executive board on Wednesday revived Pakistan’s stalled programme, clearing $1 billion tranche.

The development came after Pakistan gave absolute autonomy to the State Bank of Pakistan. Islamabad also took around Rs800 billion measures to meet the IMF conditions.

Taking to Twitter, Finance Minister Shaukat Tarin wrote: “I am pleased to announce that the IMF board has approved sixth loan tranche of its programme for Pakistan.”