Pakistan is seeking approximately $1 billion in funding from the IMF's Resilience and Sustainability Trust to mitigate climate risks. The nation, vulnerable to climate change, faced significant damage from 2022 floods.

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,

By Karin Strohecker WASHINGTON (Reuters) -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,