IMF board approving US$1bn tranche

IMF program has resumed with the board approving US$1bn tranche

IMF program has resumed with the board approving US$1bn tranche

The wait is finally over. IMF program has resumed with the board approving US$1bn tranche, taking cumulative program disbursements to US$3bn (or 50.0% of the total program disbursements). Personal income tax reforms, further harmonization of GST and power sector reforms would continue to form base of the program, going forward. The extent of reforms under…