Pakistan formally requested for $6.6 bn IMF loan: Dar

By
AFP
Pakistan formally requested for $6.6 bn IMF loan: Dar
ISLAMABAD: Federal Minister for Finance, Senator Ishaq Dar Thursday said that Pakistan has submitted a formal application with the International Monetary Fund (IMF) for a loan program which the latter is expected approve by September 4.

“A formal request has been dispatched to IMF for the loan program and it is expected that the Fund will grant approval to the same by September 4,” Dar said while talking to Geo News here.

Pakistan is expected to receive 6.6 billion dollar loan program from the IMF and in this connection the former has fulfilled all the required conditions.