{"id":215240,"date":"2025-10-15T16:57:05","date_gmt":"2025-10-15T16:57:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/215240\/"},"modified":"2025-10-15T16:57:05","modified_gmt":"2025-10-15T16:57:05","slug":"pakistan-imf-reach-preliminary-deal-to-release-1-2-billion-from-bailout-package","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/215240\/","title":{"rendered":"Pakistan, IMF reach preliminary deal to release $1.2 billion from bailout package"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/07\/1x1_spacer.png\" alt=\"The $7 billion bailout approved by the IMF in July 2024 aimed to keep Pakistan from defaulting on its debt repayments. \" title=\"The $7 billion bailout approved by the IMF in July 2024 aimed to keep Pakistan from defaulting on its debt repayments. \" data-original=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/07\/1x1_spacer.png\" class=\"lead-img\" fetchpriority=\"high\"\/><\/p>\n<p class=\"caption\">\n                    The $7 billion bailout approved by the IMF in July 2024 aimed to keep Pakistan from defaulting on its debt repayments.<br \/>\n                                          | Photo Credit: Reuters\n                                      <\/p>\n<p>Pakistan and the International Monetary Fund have reached a staff-level agreement for the release of $1.2 billion from the bailout package approved last year.<\/p>\n<p>The $7 billion bailout approved by the IMF in July 2024 aimed to keep Pakistan from defaulting on its debt repayments.<\/p>\n<p>The agreement following several days of talks in Islamabad was reported by state media Wednesday (October 15, 2025) and the IMF confirmed it in an overnight statement.<\/p>\n<p>The IMF said Pakistan\u2019s economic program is helping entrench macroeconomic stability and rebuild market confidence.<\/p>\n<p>The development comes weeks after Pakistan urged the IMF to consider concessions in light of devastating floods that killed more than 1,000 people and affected some 7 million in recent months.<\/p>\n<p>The IMF said the recent floods highlight Pakistan\u2019s vulnerability to natural disasters and climate-related risks and stressed the continuing need to build climate resilience. The fund also expressed sympathy for those affected by the disaster.<\/p>\n<p class=\"publish-time-new\"> Published &#8211; October 15, 2025 01:28 pm IST<\/p>\n","protected":false},"excerpt":{"rendered":"The $7 billion bailout approved by the IMF in July 2024 aimed to keep Pakistan from defaulting on&hellip;\n","protected":false},"author":2,"featured_media":215241,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46,104216,104215,104214],"class_list":["post-215240","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy","tag-imf-bailout-package-for-pakistan","tag-pakistan-floods","tag-pakistan-imf-bailout-package"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/215240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=215240"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/215240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/215241"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=215240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=215240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=215240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}