Pakistan repays $393m to IMF

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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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