Question
IMF reached a staff-level agreement with Pakistan for
the final review of a $3 billion bailout. What is the amount of the last tranche pending release upon this agreement?Solution
The International Monetary Fund (IMF) reached a staff-level agreement with Pakistan, leading to the pending release of the last tranche of the bailout, amounting to $1.1 billion. This agreement marks a critical step towards the completion of Pakistan's economic program under the IMF-supported arrangement, pending approval from the IMF's Executive Board. The release of this final tranche is a crucial development in Pakistan's ongoing efforts to stabilize its economy and manage its financial obligations.
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Statement 1...
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