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Karachi: Pakistan has received one billion dollars from international financial institution

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According to the details, the SBP said that under the Coveted Nineteen Active Response and Expenditure Support Program, Pakistan has received ارب 1 billion from international financial institutions, کروڑ 50 million from the Asian Development Bank and کروڑ 50 million from the World Bank.

It may be recalled that the World Bank, Asian Development Bank and Asian Infrastructure Development Bank had agreed to provide ڈی 1.5 billion to Pakistan to overcome the damage caused to the economy by the lockdown during the ongoing Corona epidemic in the country.

In April, Pakistan received ارب 1.39 billion from the International Monetary Fund (IMF) under the Rapid Finance Instrument.

The statement said Corona’s economic impact would be felt in the current uncertainty, with the help of the IMF, international reserves would improve and the budget would be financed to increase temporary spending.

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