हामी सबैकाे संसारन्यूज

24 Apr. Pakistan has received an emergency loan of $1.39 billion from the International Monetary Fund (IMF) to cope with the coronavirus pandemic, pushing the countrys foreign currency reserves apparently to a one-month high above $12 billion.

“SBP (State Bank of Pakistan) has received $1.39 billion under the Rapid Financing Instrument (RFI) from the IMF,” the central bank said in a tweet on Wednesday.

The IMF executive board approved the low-cost emergency loan last week to help Pakistan meet the urgent balance of payments (international payments) needs in the face of the pandemic, according to a recent IMF statement.