The Executive Board of the IMF in its Washington meeting on July 3 approved $6 billion loan for Pakistan under its bailout programme.
Asian Development Bank plans to provide 2.1 billion dollars out of 3.4 billion dollar funds to support Pakistan's reform and development programs during the current fiscal year.
ISLAMABAD: Pakistan to get first tranche of International Monetary Fund (IMF) approved loan today (Monday), ARY News reported.
The opposition parties' APC had rejected loan probe commission.
The lending institution has approved the loan for tax reforms in Pakistan to raise tax revenues, the Country Office of the World Bank said in a statement on Friday.
'The government has inherited a debt of Rs31, 000 billion when it came into power.
Pakistan will receive loan worth ¥15bn ($2.1bn) from China by Monday, said finance ministry on Thursday.
ISLAMABAD: The third loan tranche worth of US$1bn from Saudi Arabia will most likely be released during the current month, ARY News reported on Thursday. A senior official of the Ministry of Finance informed the committee during a briefing that the government had already received $2bn from Saudi Arabia while the remaining $1bn would be issued during the current month. The committee, headed by Senator Farooq H. Naek of Pakistan People’s Party (PPP), was informed by the Additional Finance Secretary Mohammad Sohail that…