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26th installment under IMF’s SBA repaid

26th installment under IMF’s SBA repaid

KARACHI: Pakistan has paid the 26th installment to the International Monetary Fund under the Stand-By Arrangement (SBA) facility worth $109 million, as announced by the State Bank of Pakistan.

Pakistan has repaid a total amount of $6,361 million to the IMF since July 2011 out of which $5,513 million were paid against SBA. After the current repayment, the remaining amount due under IMF’s SBA is a little more than $2,090 million by September 2015.