Pakistan gets $107m IMF tranche

Published April 12, 2002

KARACHI, April 11: Pakistan has received $107.8 million second tranche out of the $1.3 billion IMF-backed poverty reduction and growth facility.

A spokesman for the State Bank said here on on Thursday that the amount was credited into SBP account on Wednesday.

He said that with the inflow of $107.8 million, total foreign exchange reserves have risen to $5.252 billion. Of this $3.490 billion is held by the State Bank and about $1.762 billion by the banks.

Opinion

Editorial

GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...