Pakistan, IMF reach staff-level agreement on revival of $6bn loan

WASHINGTON: Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on revival of $6 billion Extended Fund Facility (EFF) that was suspended in April this year. “The Pakistani authorities and IMF staff have reached a staff-level agreement on policies and reforms needed to complete the sixth review under the EFF,” read a statement issued by the Fund. “The agreement is subject to … Continue reading Pakistan, IMF reach staff-level agreement on revival of $6bn loan