Pakistan receives $705.6 million IMF tranche as UAE rolls over $2 billion deposits

akistan’s central bank confirmed on Wednesday it has received a second tranche of $705.6 million from the International Monetary Fund,(IMF) while the UAE rolled over its deposits worth $2 billion with the country’s state bank the same day. In July 2023, the IMF approved a much-needed 9-month Stand-By Arrangement (SBA) with Pakistan for $3 billion […]