Pakistan received 2.77 billion from the IMF

Pakistan received 2.77 billion from the International Monetary Fund (IMF).

This money can be used to deal with Corona, increase foreign exchange reserves or pay off debts.

Under the program, the IMF is to provide 650 billion to member countries.

The IMF has begun the process of transferring 50 650 billion to member countries.

According to the statement, the use of funds will help member countries deal with the current crisis, and the transfer of funds will bring confidence and stability to the global economy. This debt will revive the global economy.

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IMF spokesman Jerry Rice said in a tweet that today was a historic day for member states to receive 650 billion. IMF member countries can use this money unconditionally. It is up to the borrowing countries to decide how to use the money.

According to SBP sources, 2.77 billion was also transferred to Pakistan.