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KARACHI: Pakistan paid the 19th instalment on Monday under IMF Standby Agreement facility amounting to SDR 258 million (equivalent to $393m), the State Bank said.
With this repayment, the country has so far repaid SDRs 3.319bn ($5.055bn) since Jul 2011. SDRs 2.835bn ($ 4.311bn) has been paid under SBA facility.
The SBP said the remaining amount due under IMF-SBA until Sept 2015 is SDRs 2.101bn.
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Aug 28, 2013 10:51pm
Nice .... Good job guys...future governments will have to clean up the PPP created mess. I mean seriously --Pakistan debt was around Rs.6 trillion in 2008 and now its more than Rs.14 trillion in 5 years. So they took more than the previous governments combined. Also according to a report by transparency index more than $90 billion dollars have been lost due to corruption ( corruption, Tax evasion, bad governance...) in the 4 years governance of Gillani which has been the worst in the history of Pakistan
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