The State Bank of Pakistan (SBP) Tuesday received SDR 828 million – around US$ 1.1 billion – from the International Monitory Fund (IMF). IMF Executive Board completed the second review under the Stand-by Arrangement (SBA) in its meeting on 29 Apr 2024 and approved a disbursement of SDR 828 million for Pakistan. Accordingly, SBP has received SDR 828 million (around US$ 1.1 billion) in value on 29 Apr 2024 in its account from IMF. The amount shall be reflected in SBP’s foreign exchange reserves for the week ending on 3rd May 2024.