{"id":74313,"date":"2019-11-12T10:41:09","date_gmt":"2019-11-12T10:41:09","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=74313"},"modified":"2019-11-12T10:41:10","modified_gmt":"2019-11-12T10:41:10","slug":"imf-approves-450-million-loan-tranche-for-pakistan","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/imf-approves-450-million-loan-tranche-for-pakistan\/","title":{"rendered":"IMF approves $450 million loan tranche for Pakistan"},"content":{"rendered":"\n<p>The IMF on Friday praised Pakistan\u2019s economic performance and agreed on next steps, paving the way for release of another portion of a $6 billion, three-year loan package.<\/p>\n\n\n\n<p>Once the International Monetary Fund board gives the go ahead, the Washington-based lender will provide $450 million to help right the South Asian nation\u2019s economy, on top of the $1 billion released in July.<\/p>\n\n\n\n<p>\u201cDespite a difficult environment, program implementation has been good, and all performance criteria for end-September were met with comfortable margins,\u201d IMF mission chief Ernesto Ramirez Rigo said in a statement.<\/p>\n\n\n\n<p>The official, who led a team that spent two weeks in the country, pointed to signs of improving economic stability, including the move to a flexible exchange rate, and slowing inflation that is projected to fall under 12 percent next year.<\/p>\n\n\n\n<p>Approval of the first performance review of Pakistan\u2019s policy program will also help unlock \u201csignificant funding from bilateral and multilateral partners.\u201d<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The IMF on Friday praised Pakistan\u2019s economic performance and agreed on next steps, paving the way for release of another portion of a $6 billion, three-year loan package. Once the International Monetary Fund board gives the go ahead, the Washington-based lender will provide $450 million to help right the South Asian nation\u2019s economy, on top [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":74315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-74313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/74313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=74313"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/74313\/revisions"}],"predecessor-version":[{"id":74316,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/74313\/revisions\/74316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/74315"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=74313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=74313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=74313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}