[ TRANSACTION RECORD ]

World Bank Group Investment in Sovereign of Pakistan — 2023

VERIFIED VECTOR ID: 002149 · tx-245
M SOURCE NODE — FUNDER
World Bank Group
Finance United States
$3,000,000,000
DEBT
12/07/2023
Q DESTINATION NODE — RECIPIENT
Sovereign of Pakistan
Government Pakistan
Amount (USD)
$3.0B
Flow Type
DEBT
Transaction Date
12/07/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity World Bank Group
AUM 350000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Sovereign of Pakistan
Entity Type Government
Jurisdiction Pakistan
Intelligence Note

The International Monetary Fund approved a 3 billion dollar Stand-By Arrangement for the Government of Pakistan to support its economic stabilization and debt management. This transaction provides immediate liquidity to manage external payment needs and avoid a default. The deal is a critical institutional backstop for the nation’s fiscal and monetary stability in a volatile period.

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Primary Forensic Source https://www.imf.org/en/News/Articles/2023/07/12/pr23261-pakistan-imf-executive-board-approves-us-3-billion-stand-by-arrangement/
✓ SOURCE LINKED