The International Monetary Fund (IMF) signed a staff level agreement with Pakistan.
Pakistan and the IMF have signed an agreement on a $3 billion standby arrangement.
The IMF has announced a three billion dollar staff level agreement.
The International Monetary Fund says that a 9-month standby agreement has been reached with Pakistan.
The IMF Executive Board will approve the staff-level agreement, with the Executive Board meeting in mid-July.
Sources say that Pakistan is likely to get this amount in installments.
In a statement, Finance Minister Ishaq Dar said that an agreement with the IMF is expected in 24 hours, the bailout agreement is close.
Ishaq Dar had said that everything has been finalized with the IMF, the duration of the program is ending today.
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