Pakistan pays IMF loan instalment

KARACHI: Pakistan successfully paid Tuesday the 10th instalment under IMF/SBA facility amounting to SDR 258.4million equivalent US$391.8million.

With repayment of current instalment, Pakistan todate has repaid to IMF SDR 2,110million equivalent US$ 3,232million since July, 2012.

Next Instalment under IMF/SBA facility will be due at end of May2013, amounting to SDR 258.4million.

After the current repayment, remaining amount due under IMF/SBA until Sep2015 is SDR 3,239million, said SBP spokesman.