Pakistan, Nov. 13 -- Pakistan is likely to receive a $1.2 billion disbursement from the International Monetary Fund (IMF) next month, as the Fund's Executive Board meets on December 8 to approve the next tranche under two ongoing programs. The payment is expected to be credited to Pakistan's account by December 9.

The IMF board meeting will review Pakistan's performance under the $7 billion Extended Fund Facility (EFF) and the $1.4 billion Resilience and Sustainability Facility (RSF). The staff-level agreement, finalized on October 14, paves the way for the release of $1 billion under the EFF and $200 million under the RSF. This will bring total disbursements under both programs to around 3.3 billion

Before the board meeting, Pakistan i...