Islamabad, July 01, 2023 (PPI-OT):Finance Minister Ishaq Dar and Governor State Bank of Pakistan (SBP) Jameel Ahmad have signed the Letter of Intent (LOI) for a nine-month three billion dollars Stand-by Agreement (SBA) with the International Monetary Fund (IMF).
It was signed at Governor House in Lahore, which was witnessed by Prime Minister Shehbaz Sharif. The IMF had issued the Letter of Intent after reaching a staff level agreement for loan programme with Pakistan under the memorandum of economic and fiscal policies.
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