What is an IMF Loan and Types of IMF Loan Facilities

India abstained from voting as the IMF’s board met to approve a $1 billion release under Pakistan’s $7 billion Extended Fund Facility and consider a $1.3 billion Resilience and Sustainability Facility. India’s Ministry of Finance cited Pakistan’s poor track record with IMF programs and the risk of funds being misused for state-sponsored cross-border terrorism as … Read more