• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News

    New IMF Loan for Pakistan Possible, Officials Say

    By Ivy Mungcal // 08 March 2011

    Pakistan could apply for a new International Monetary Fund loan program upon the completion of IMF’s fifth review of the country’s current $11.3 billion standby arrangement in June, the Daily Times reports, citing official sources.

    Enforcement of several tax and expenditure measures by July would be among the benchmarks of the new program, according to the sources, whom the Daily Times did not identify.

    Meantime, Pakistani authorities and IMF representatives are currently in talks to set performance benchmarks for the fifth review of the country’s current loan program, the Lahore-based newspaper says. An IMF mission will visit Pakistan in May to review the implementation of these benchmarks.

    A positive review by IMF mission could pave the way for the release of $1.7 billion from the $3.6 billion funds from the current loan program and allow Pakistan’s economic managers to request a new loan program for the next fiscal year, the Daily Times says.

    A favorable assessment could also prompt IMF to issue a letter of comfort, which some multilateral banks are reportedly seeking before releasing fresh assistance to Pakistan, the newspaper adds.

    >> Multilateral Banks Halt Aid to Pakistan

    Read more development aid news.

      Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

      About the author

      • Ivy Mungcal

        Ivy Mungcal

        As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.

      Search for articles

      Related Stories

      World Bank Spring MeetingsWhat to watch at the 2025 World Bank-IMF Spring Meetings

      What to watch at the 2025 World Bank-IMF Spring Meetings

      Devex NewswireSpecial edition: What to know as the 2025 World Bank-IMF Spring Meetings kick off

      Special edition: What to know as the 2025 World Bank-IMF Spring Meetings kick off

      Funding InsightsWho’s funding the multilateral system?

      Who’s funding the multilateral system?

      Devex NewswireDevex Newswire: Gates to give away fortune in historic philanthropic push

      Devex Newswire: Gates to give away fortune in historic philanthropic push

      Most Read

      • 1
        How low-emissions livestock are transforming dairy farming in Africa
      • 2
        Opinion: Mobile credit, savings, and insurance can drive financial health
      • 3
        Opinion: India’s bold leadership in turning the tide for TB
      • 4
        The UN's changing of the guard
      • 5
        USAID's humanitarian bureau is under pressure and overstretched
      • News
      • Jobs
      • Funding
      • Talent
      • Events

      Devex is the media platform for the global development community.

      A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Post a job
      • Careers at Devex
      • Contact us
      © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement