Pakistan successfully pays 26th Installment of US$109 million

30 Dec, 2013

ISLAMABAD: Pakistan on Monday successfully paid the 26th Installment under IMF/SBA facility amounting to SDR71 million equivalent US$109million, State Bank of Pakistan (SBP) Spokesperson said.

He said that with repayment of current installment, Pakistan to-date has repaid to IMF SDRs4,170 million equivalent USD6,361 million since Jul-2011, of which SDRs 3,619 million equivalent US $5,513 million was under SBA facility.

The Spokeperson further said that during the current fiscal year, Pakistan has repaid to IMF SDR1,327 million equivalent USD 2,027 million; which include SDR1,234 million equivalent USD1,886 million under SBA and SDR37 million equivalent USD57 million under ENDA.

After the current repayment, remaining amount due under IMF/SBA until Sep-2015 is SDRs1,317 million, SBP Spokesperson said.

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