Pakistan receives second tranche under extended fund facility from IMF, cenbank says

FILE PHOTO: A view of the International Monetary Fund logo at its headquarters in Washington, D.C., U.S., November 24, 2024. REUTERS/Benoit Tessier/File Photo

NEW DELHI (Reuters) - Pakistan has received the second tranche of special drawing rights worth 760 million ($1,023 million) from the International Monetary Fund under the extended fund facility programme, the country's central bank said in a post on X on Wednesday.

The amount will be reflected in its foreign exchange reserves for the week ending May 16, the State Bank of Pakistan said.