IMF issued 848 million US dollars to Pakistan
April 3rd, 2009 by The Online Reporter
International Monetary Fund (IMF) has issued second installment of about 848 million dollars to Pakistan and this is how overall foreign reserves of Pakistan have reached around 11.4 billion dollars.
The news have been confirmed by Syed Wasimuddin, the chief spokesman of (State Bank of Pakistan) SBP. He addressed that “Yes, we have received some 848 million US dollars from IMF on account of second installment of stand by loan,”
Now let’s see that how Pakistani government use this fund and if this fund could be helpful for common man of Pakistan who is almost living hand to mouth.
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April 3rd, 2009 at 8:51 am
It is not a surprise to hear that India (RAW) is behind the current unrest in Pakistan but hearing it now on an international stage from a respected journalist is another story. Christine Fair in this month’s edition of Foreign Affairs says very clearly that India is hell bent on destabilising Pakistan by providing massive amount of funds, weapons and satellite imagery to Taliban in FATA, Balochistan and other parts of the country and a great effort is being put in by the Indian consulates in Afghanistan to this end.
real-politique.blogspot.com
By Sikander Hayat