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Pakistan repays $393m IMF debt

Published: 28 Aug 2013 - 01:22 am | Last Updated: 30 Jan 2022 - 03:52 pm

KARACHI: Pakistan’s government has paid $393m as part repayment of its loan facility with the International Monetary Fund (IMF), a central bank spokesman said.

“The amount is equivalent to 258 million special drawing rights (SDR) that was paid to the IMF under the stand-by arrangement programme (SBA) loan facility,” the spokesman added. This is one of the biggest SBA loan repayments made to the IMF in the month of August.

Internews