Pakistan, May 13 -- Pakistan has received $1.3 billion from the International Monetary Fund under its ongoing financial assistance programmes, providing fresh support to the country's foreign exchange reserves.

In a statement, the State Bank of Pakistan confirmed the receipt of funds, saying the transfer was made under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF).

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According to the central bank, the IMF Executive Board had approved the disbursement on May 8 after completing the third review of Pakistan's economic reform programme.

The approved amount includes 760 million Special Drawing Rights under the EFF arrangement, along...