IMF Clears $1.32 Billion for Pakistan After Review, Signals Continued Support Under $7 Billion Reform Programme
Pakistan is expected to receive $1.2 billion after the IMF board reviews its performance, with 13 of 17 programme targets already met, sources said.
- The International Monetary Fund Executive Board meets today to review Pakistan's performance, with approval for a $1.2 billion tranche widely expected following a March 27 staff-level agreement.
- Officials confirmed Pakistan met 13 out of 17 key targets under the Extended Fund Facility, as the State Bank avoided extending new lending to the government under program conditions.
- Fiscal deficits remain within agreed limits while Pakistan met provincial tax collection targets of Rs568 billion; sovereign guarantees were capped at Rs4,542 billion.
- Consultations in Washington emphasize greater financial support for climate initiatives, with Pakistan expected to receive $200 million under the Resilience and Sustainability Facility.
- The IMF set a June 2026 deadline for remaining structural targets as Pakistan accelerates institutional coordination to prioritize climate policy in national budget frameworks.
21 Articles
21 Articles
IMF board clears Pakistan to access $1.32 billion
The International Monetary Fund said on Friday that its board had completed reviews of some of its agreements with Pakistan, clearing the way for the South Asian nation to access about $1.32 billion in fresh funding immediately. The IMF said Pakistan would be able to draw around $1.1 billion under the Extended Fund Facility and about $220 million under the Resilience and Sustainability Facility, lifting total disbursements under the two ongoing …
IMF clears $1.32 billion for Pakistan after review, signals continued support under $7 billion reform programme
IMF has approved $1.32 billion for Pakistan after completing a programme review, according to Reuters and IMF statements. The funds come under EFF and RSF facilities, taking total support to $4.8 billion. Disbursement is tied to continued reforms on fiscal discipline and stability
IMF's Executive Board approves $1.2 billion financing for Pakistan's reform programme
WASHINGTON: The International Monetary Fund’s (IMF) Executive Board on Friday approved the latest review of Pakistan’s reform programme, paving the way for the release of $1.2 billion in financing under the ongoing arrangements. In Islamabad, Finance Minister Muhammad Aurangzeb also confirmed the approval, saying the decision reflects Pakistan’s continued progress on difficult but necessary economic reforms. The approval was given at a meeting o…
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