India, May 13 -- Pakistan has received USD 1.3 billion from the International Monetary Fund under two ongoing financial assistance programmes aimed at stabilising the country's economy and strengthening foreign exchange reserves.

According to the State Bank of Pakistan, the funds were received on May 12 under the Extended Fund Facility and the Resilience and Sustainability Facility.

The IMF approved the disbursement after completing the third review of Pakistan's Extended Fund Facility programme during an executive board meeting held on May 8.

Out of the total amount, around USD 1.1 billion was released under the Extended Fund Facility while approximately USD 220 million was provided under the Resilience and Sustainability Facility.

T...