Annual inflation slowed to 9.6% in August, dropping into single digits for the first time in nearly three years.

On Wednesday, the struggling economy got a boost with the approval of $7 billion in funding from the International Monetary Fund.

Pakistan’s central bank said on Friday it had received a first tranche, worth $1 billion.

The terms of the bailout require the $350 billion economy to maintain fiscal discipline and broaden its tax base.

The report said the government was committed to fiscal consolidation.