{"id":53296,"date":"2019-07-06T10:00:33","date_gmt":"2019-07-06T05:00:33","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=53296"},"modified":"2019-07-05T18:40:02","modified_gmt":"2019-07-05T13:40:02","slug":"imf-package-to-lead-to-inflows-worth-usd-38-bn-from-other-lenders","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/imf-package-to-lead-to-inflows-worth-usd-38-bn-from-other-lenders.html","title":{"rendered":"IMF package to lead to inflows worth USD 38 bn from other lenders"},"content":{"rendered":"<p>Islamabad: Pakistan, on Wednesday, welcomed the incoming USD 6 billion bailout package sanctioned the International Monetary Fund (IMF), and expects inflows of USD 38 billion from other foreign lenders in the next three years, according to a news source.<\/p>\n<p>Read:\u00a0<a class=\"row-title\" href=\"https:\/\/www.zameen.com\/blog\/wp-admin\/post.php?post=53241&amp;action=edit\">Pakistan to receive first instalment of IMF loan soon<\/a><\/p>\n<p>Prime Minister\u2019s (PM) Adviser on Finance and Revenue Dr Abdul Hafeez Sheikh stated that the approval of this reform programme spanning over 39 months by the IMF executive board would lead to stability in Pakistan. He added that the disbursement of the IMF loan will improve the country\u2019s standing, and will lead to more funds from international bodies like the World Bank and the Asian Development Bank. The latter has agreed to dispense USD 2.1 billion out of its committed total of USD 3.4 billion this year. The World Bank, however, has agreed to provide support for purely budgetary purposes.<\/p>\n<p>Read:\u00a0<a class=\"row-title\" href=\"https:\/\/www.zameen.com\/news\/imf-suggests-policy-amendments-before-releasing-usd-6-bn-loan.html\" target=\"_blank\" rel=\"noopener noreferrer\">IMF suggests policy amendments before releasing USD 6 bn loan<\/a><\/p>\n<p>Sheikh gave a brief breakdown of the USD 38 billion loans expected, but did not reveal the details and sources. According to him, USD 8.7 billion has been lined up against project loans, USD 4.2 billion for programme loans, USD 14 billion for rollover loans, and around USD 8 billion in commercial loans. These loans would cover a wide range of sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan, on Wednesday, welcomed the incoming USD 6 billion bailout package sanctioned the International Monetary Fund (IMF), and expects inflows of USD 38 billion from other foreign lenders in the next three years, according to a news source. Read:\u00a0Pakistan to receive first instalment of IMF loan soon Prime Minister\u2019s (PM) Adviser on Finance and Revenue Dr Abdul Hafeez Sheikh stated that the approval of this reform programme spanning over 39 months by the IMF executive board would lead to stability in Pakistan. He added that the disbursement of the IMF loan will improve the country\u2019s standing, and will lead to more funds from international bodies like the World Bank and the Asian Development Bank. The latter has agreed to dispense USD 2.1 billion out of its committed total of USD 3.4 billion this year. The World Bank, however, has agreed to provide support for purely budgetary purposes. Read:\u00a0IMF suggests policy amendments before releasing USD 6 bn loan Sheikh gave a brief breakdown of the USD 38 billion loans expected, but did not reveal the details and sources. According to him, USD 8.7 billion has been lined up against project loans, USD 4.2 billion for programme loans, USD 14 billion&hellip;<\/p>\n","protected":false},"author":18,"featured_media":51181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[12127],"persona":[],"class_list":{"0":"post-53296","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-imf-package-to-lead-to-inflows-worth-usd-38-bn-from-other-lenders"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMF package to lead to inflows worth USD 38 bn from other lenders - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Pakistan, on Wednesday, welcomed the incoming USD 6 billion bailout package sanctioned the International Monetary Fund (IMF), and expects\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/imf-package-to-lead-to-inflows-worth-usd-38-bn-from-other-lenders.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF package to lead to inflows worth USD 38 bn from other lenders - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Pakistan, on Wednesday, welcomed the incoming USD 6 billion bailout package sanctioned the International Monetary Fund (IMF), and expects\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/imf-package-to-lead-to-inflows-worth-usd-38-bn-from-other-lenders.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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