Pakistan has arranged about $4 billion additional financial assistance from multilateral lending and aid agencies to shore up foreign exchange reserves and budgetary support for fighting adverse impacts of the coronavirus pandemic.
“We have made progress in mobilisation of additional funds,” said Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh, adding that discussions with the International Monetary Fund (IMF) were in progress for $1.4bn additional funds for fast track disbursements on same terms as the ongoing fund programme.
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