
The International Monetary Fund (IMF) has deposited $1.2 billion in the State Bank of Pakistan’s (SBP) account, boosting the cash-strapped country’s hopes for economic stability as it teeters on the brink of default for months. Was.
In a televised address from Islamabad, Finance Minister Ishaq Dar said Pakistan would get the balance after two reviews – the second in November and the third in February.