Pakistan keen for early approval for next IMF tranche: Aurangzeb

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By Daily Excelsior – ISLAMABAD, Apr 18: Pakistan is keen for an early approval for the next tranche from the IMF as a team of the global lender will visit the country next month for consultations on the upcoming review, Finance Minister Muhammad Aurangzeb has said. Aurangzeb, who is in Washington for the World Bank-IMF Spring Meetings, was referring to the approval of an estimated USD 1.2 billion, including USD 1 billion under the ongoing 37-month Extended Fund Facility (EFF) and another USD 200 million under 28-month Resilience and Sustainability Facility (RSF). A staff-level agreement (SLA) was signed last year…