{"id":57465,"date":"2019-11-11T13:01:32","date_gmt":"2019-11-11T08:01:32","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=57465"},"modified":"2019-11-11T13:04:09","modified_gmt":"2019-11-11T08:04:09","slug":"pakistan-receive-second-tranche-imf-loan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-receive-second-tranche-imf-loan.html","title":{"rendered":"Pakistan to receive second tranche of IMF loan"},"content":{"rendered":"<p>Islamabad: Pakistan is all set to receive the second tranche of the USD 450 million loan agreement finalised with the International Monetary Fund (IMF) under the latter\u2019s Extended Fund Facility, a new source reported. As per officials, this instalment was approved following the first review of the country\u2019s financial performance on Friday.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/imf-releases-first-usd-991-mn-loan-package-instalment.html\" target=\"_blank\" rel=\"noopener noreferrer\">IMF releases first USD 991 mn loan package instalment<\/a><\/p>\n<p>According to the international agency, Pakistan successfully met the end-September performance criteria and progress was being made to meet structural benchmarks. The IMF said it was satisfied with the progress being made by Pakistan and recognised that the government\u2019s policies, which were in-line with IMF\u2019s instructions, were starting to bring about positive results. After the review, it was found that fiscal and external deficits were narrowing while inflation was expected to decline.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/imf-package-to-lead-to-inflows-worth-usd-38-bn-from-other-lenders.html\" target=\"_blank\" rel=\"noopener noreferrer\">IMF package to lead to inflows worth USD 38 bn from other lenders<\/a><\/p>\n<p>Previously, the Pakistani and IMF authorities had reached a staff-level agreement on reforms and policies required to complete the first review. This agreement is expected be approved by the IMF management after which the second instalment will be released to the Pakistani government.<\/p>\n<p>This loan will be a part of the three-year USD 6 billion loan package approved by the IMF for Pakistan in order to help the country stave off a balance of payment crisis and to handle the increasing debt <a href=\"https:\/\/www.zameen.com\/news\/imf-suggests-policy-amendments-before-releasing-usd-6-bn-loan.html\" target=\"_blank\" rel=\"noopener noreferrer\">in exchange for tough austerity measures<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan is all set to receive the second tranche of the USD 450 million loan agreement finalised with the International Monetary Fund (IMF) under the latter\u2019s Extended Fund Facility, a new source reported. As per officials, this instalment was approved following the first review of the country\u2019s financial performance on Friday. Read:\u00a0IMF releases first USD 991 mn loan package instalment According to the international agency, Pakistan successfully met the end-September performance criteria and progress was being made to meet structural benchmarks. The IMF said it was satisfied with the progress being made by Pakistan and recognised that the government\u2019s policies, which were in-line with IMF\u2019s instructions, were starting to bring about positive results. After the review, it was found that fiscal and external deficits were narrowing while inflation was expected to decline. Read:\u00a0IMF package to lead to inflows worth USD 38 bn from other lenders Previously, the Pakistani and IMF authorities had reached a staff-level agreement on reforms and policies required to complete the first review. This agreement is expected be approved by the IMF management after which the second instalment will be released to the Pakistani government. This loan will be a part of the three-year USD 6&hellip;<\/p>\n","protected":false},"author":74,"featured_media":51181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13906],"persona":[],"class_list":["post-57465","post","type-post","status-publish","format-standard","has-post-thumbnail","tag-details-on-pakistan-to-receive-second-tranche-of-imf-loan"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan to receive second tranche of IMF loan - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Pakistan is all set to receive the second tranche of the USD 450 million loan agreement finalised with the International Monetary Fund (IMF)\" \/>\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\/pakistan-receive-second-tranche-imf-loan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan to receive second tranche of IMF loan - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Pakistan is all set to receive the second tranche of the USD 450 million loan agreement finalised with the International Monetary Fund (IMF)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-receive-second-tranche-imf-loan.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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