Pak pays 11th installment of $143.7m to IMF

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Pakistan has paid the 11th installment of loan to the International Monetary Fund (IMF) amounting to $ 143.7 million.
Confirming the payment of the 11th installment, State Bank Spokesman Wasimuddin said in February Pakistan made the payment of 10th installment totaling $ 391.8 million.
Under the standby arrangement, Pakistan had obtained a loan of 8.3 billion dollars from the IMF in 2008-9. The spokesman said since February, 2012 Pakistan has made repayment of $ 2.7 billion to the IMF.