Washington, May 9 (IANS) The International Monetary Fund approved about $1.3 billion in fresh funding for Pakistan after completing key programme reviews.The IMF Executive Board completed the third review of Pakistan’s Extended Fund Facility and the second review of its Resilience and Sustainability Facility. This allows an immediate disbursement of about $1.1 billion and $220 million.Total disbursements under the two programmes now stand at about $4.8 billion.The IMF said Pakistan’s “stro…
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New Delhi, April 26 (IANS) Pakistan’s fragile economic footing has come into sharp focus amid shifting geopolitical and financial dynamics, even as Islamabad projects itself as a voice for peace on the global stage, a report has said.During heightened tensions linked to the US-Israel conflict with Iran, Pakistan drew international attention for its diplomatic outreach. However, behind this image of stability, a sudden financial strain exposed the country’s dependence on external support, acc…