Pakistan to get $3.1 billion IMF loan

I-G

Tihar Jail
Banned
Joined
Jun 16, 2009
Messages
2,736
Likes
55
Pakistan to get $3.1 billion IMF loan
IANS 8 August 2009, 06:44am IST

LAHORE: The International Monetary Fund (IMF) will give a $3.1-billion loan to Pakistan, Finance Minister Shaukat Tareen has said.


Due to the delay in funding from Friends of Democratic Pakistan, the government has approached the IMF for financial assistance, the minister told reporters here on Friday.

Currently, the foreign exchange reserves of the country stood at $12 billion, while the inflation rate in June was 13 percent, Online news agency reported citing the Pakistani leader.

Pakistan has also asked for additional funds from the IMF for its insurance sector.
Pakistan to get $3.1 billion IMF loan - Pakistan - World - NEWS - The Times of India
 

IBM

Regular Member
Joined
Jul 21, 2009
Messages
193
Likes
1
R u sure pakistan gets 3.1 billion.. As long as our darling SIR Zardari is there pak will not get this 3.1 billion. May be pak will get 3.1 million rest our darling sir zardari will tk cr of
 

Global Defence

New threads

Articles

Top