Tag Archives: Pakistan among beneficiaries of IMF-WB initiative

WASHINGTON: Pakistan is among the major beneficiaries of an International Monetary Fund (IMF) and World Bank initiative to help emerging economies deal with the negative impact of the Covid-19 crisis. Data released by the two financial institutions show that Pakistan is receiving $1,386 million from the IMF’s Rapid Credit Facility (RCF). Pakistan’s request for assistance from the RCF was approved …

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