00:00The IMF has approved a loan program for Pakistan.
00:07The IMF executive board has approved a total of $7 billion loan program for Pakistan.
00:12This is good news for the Pakistani economy.
00:14The IMF has approved a $7 billion bailout package for Pakistan.
00:18This is a 37-month program.
00:21According to the first estimate, $1.1 billion has been issued.
00:27The IMF has approved a $7 billion loan program for Pakistan.
00:31This is a 37-month program.
00:33It was considered very important for Pakistan's economy.
00:36In this regard, Pakistan had asked for a $7 billion loan for 37 months.
00:42The executive board has approved this $7 billion loan.
00:46Shoaib Nizami is with us. Let's know more about him.
00:48Shoaib, tell us, has the $7 billion loan program been approved for 37 months?
00:53Yes, the $7 billion loan was approved for Pakistan on July 12.
00:56There was a negotiation and then an agreement was made.
00:59The executive board had to approve the loan.
01:01Today, the executive board has been approved.
01:03In the previous session, Pakistan's agenda was separate.
01:07The IMF has approved a $7 billion loan program for Pakistan.
01:11This is a 37-month program.
01:12The first estimate is that Pakistan will receive $1.1 billion before September 30.
01:17Because of this, the pressure on Pakistan's bailout has been lifted.
01:22Pakistan will be able to recover its economy.
01:26It will be easier for Pakistan to obtain a loan from other countries and other institutions.
01:33In addition, it is very important for Pakistan to receive a loan of less than 8% interest rate.
01:40The default on Pakistan's loan for 37 months will be eliminated.
01:46Pakistan will be able to adopt other routes for its recovery.
01:51This is expected.
01:53It is possible that this amount will be transferred within 48 hours in the state-based account number 1.
02:01Okay, Shoaib Nizami is updating us.
02:03The IMF executive board has approved the $7 billion loan program for Pakistan.
02:08This is a 37-month program.
02:10This is a very good news for Pakistan's economy.
02:14Pakistan will receive its first estimate before September 30.
02:18It is being said that this loan program has been given at a very low interest rate.
Comments