Pakistan’s ‘imbalance’ of payments

[unable to retrieve full-text content] As Pakistan grapples with a backlog of imports and dwindling export volumes, steadily depleting its fragile foreign-exchange reserves, on June 29, the International Monetary Fund (IMF) announced a staff-level agreement with Pakistani authorities. This agreement entails a nine-month Stand-by Arrangement (SBA) worth 2,250 million special drawing rights (equivalent to about US$3 billion, or 111% of […] The post Pakistan’s ‘imbalance’ of payments appeared first on Asia Times.

Pakistan’s ‘imbalance’ of payments
[unable to retrieve full-text content]

As Pakistan grapples with a backlog of imports and dwindling export volumes, steadily depleting its fragile foreign-exchange reserves, on June 29, the International Monetary Fund (IMF) announced a staff-level agreement with Pakistani authorities. This agreement entails a nine-month Stand-by Arrangement (SBA) worth 2,250 million special drawing rights (equivalent to about US$3 billion, or 111% of […]

The post Pakistan’s ‘imbalance’ of payments appeared first on Asia Times.