Pakistan gets one-year rollover for $12bn deposits to clinch IMF deal, says Aurangzeb D_Trends

Pakistan gets one-year rollover for bn deposits to clinch IMF deal, says Aurangzeb D_Trends

Pakistan has received confirmation from Saudi Arabia, China, and the UAE for a one-year rollover of $12 billion in deposits, contrary to its request for a three to five-year extension. This rollover will help Pakistan to get approval for the $7 billion International Monetary Fund (IMF) programme. The News reported that Finance Minister Mohammad Aurangzeb … Read more