The International Monetary Fund’s (IMF) Executive Board meeting is scheduled for May 9, with Pakistan listed on the official agenda.
During the meeting, the IMF board is expected to approve a disbursement of $1.1 billion for Pakistan under the ongoing financial program.
According to IMF statement, first Review under the Extended Arrangement under the Extended Fund Facility, the request for modification of performance criteria, and the request for an arrangement under the Resilience and Sustainability Facility are scheduled to take place on May 9.
Meanwhile, Pakistan has also secured $1.3 billion in climate financing from the International Monetary Fund.
This was stated by IMF Director of Communications Julie Kozack while responding to a query of ARY News during a press conference.