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The International Monetary Fund has disbursed a second tranche of $1.023 billion under the Extended Fund Facility programme for Pakistan, the central bank said on Wednesday (May 14, 2025). The disbursement of the second tranche comes on a day when the IMF is holding virtual discussions on Pakistan’s upcoming Budget as the visit of its…
Quick Reads Summary is AI generated, newsroom reviewed. Omar Abdullah has criticized the IMF for approving a $1 billion loan to Pakistan amid rising tensions with India. New Delhi raised concerns over the effectiveness of IMF programs for Pakistan, citing its poor track record and possible “misuse” of funds. New Delhi: Jammu and Kashmir Chief…
