Pakistan is targeting around $1 billion in a formal request for funding from the IMF facility that helps lows and middle income countries manage external shocks, its finance minister told Reuters.

Pakistan's economic delegation, led by the finance minister, requested $1.5 to $2 billion in climate financing from the IMF during the annual meetings in Washington. The meeting covered tax reforms, subsidy balancing,

Pakistan is targeting around $1 billion in a formal request for funding from the IMF facility that helps low and middle income countries mitigate climate risk, its finance minister told Reuters. "We have formally requested to be considered for this facility,