Pakistan is likely to receive the next tranche under the International Monetary Fund (IMF) loan program as the IMF Executive Board is scheduled to meet on May 8, sources said. According to sources, the Executive Board is expected to approve more than $1.2 billion for Pakistan under the ongoing financial assistance programs. Pakistan is likely to receive funds under the $7 billion Extended Fund Facility (EFF) and the $1.4 billion Resilience and Sustainability Facility (RSF). Sources said the third review of Pakistan’s $7 billion EFF program has been completed successfully, increasing the chances of approval for the next $1 billion tranch [...]