ISLAMABAD – International Monetary Fund (IMF) mission will visit Pakistan on November 2 for the first review of current $3 billion Stand-By Arrangement (SBA).
Global lending agency approved loan program in July which helped Pakistan avoid an inevitable default.
Under the SBA, Pakistan received $1.2 billion as the first tranche in July.
IMF team led by Nathan Porter will land in Pakistan on November 2 for the first review under the current SBA.
As per media reports, IMF’s Resident Representative to Pakistan Esther Perez Ruiz confirmed the development last day.