IMF Board to Consider $700M Pakistan Bailout Tranche on Jan 11 After Authorities Agree to Conditions
• IMF's Executive Board to consider Pakistan's request for $700 million tranche on January 11 • Pakistani authorities signed Letter of Intent and committed to IMF conditions • Authorities vow to pursue market-based exchange rate mechanism • IMF shared signed Letter of Intent with Board of Directors • IMF board meeting scheduled for January 11 to consider Pakistan's request