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- $3 billionOn June 30, 2023, the IMF and Pakistan reached a staff-level agreement for a stand-by arrangement worth $3 billion123. This agreement comes at a critical time for Pakistan, as it was facing the risk of defaulting on its financial obligations1. The staff-level agreement is subject to approval by the IMF Executive Board, with its consideration expected by mid-July4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.On 30 June 2023, the IMF and Pakistan have reached an agreement at the staff level for a stand-by arrangement worth $3 billion. This agreement comes at a critical time for Pakistan, as it was facing the risk of defaulting on its financial obligations.en.wikipedia.org/wiki/Pakistan_and_the_Internation…Pakistan has reached a staff-level agreement with the International Monetary Fund, a milestone that would pave the way for the release of an additional $1.2 billion in loans and unlock more funding. The IMF will also consider an extension of the facility to end-June 2023, it said in a statement.www.aljazeera.com/economy/2022/7/14/pakistan-r…30 Jun 2023 The International Monetary Fund and Pakistan have reached a staff-level agreement on a bigger than expected $3bn Stand-By Arrangement (SBA), a last-minute rescue package for the country facing an acute balance of payments crisis.www.aljazeera.com/news/2023/6/30/why-did-pakist…The IMF staff and the Pakistani authorities have reached a staff-level agreement on policies to be supported by a Stand-By Arrangement (SBA). The staff-level agreement is subject to approval by the IMF Executive Board, with its consideration expected by mid-July.www.imf.org/en/News/Articles/2023/06/30/pr23251 …
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