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    Pakistan Asks for More IMF Funding

    By Ma. Rizza Leonzon // 16 July 2009

    Pakistan is seeking a further $4 billion from the International Monetary Fund to keep its ailing economy afloat, according to Shaukat Tarin, finance adviser to the prime minister. The additional funding is on top of a previous IMF commitment of $7.6 billion approved last November,

    reported. The fund is expected to approve the third tranche of the $7.6 billion loan and the additional $4 billion assistance next month.

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    About the author

    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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