IMF to provide Pakistan with $3.6 billion more over next 14 months
The International Monetary Fund (IMF) is set to provide Pakistan with another $3.6 billion over the next 14 months under its ongoing economic support and climate resilience programs.
According to official documents, the combined value of the IMF’s Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs for Pakistan stands at $8.4 billion. Out of this amount, the country has already received $4.8 billion, while the remaining $3.6 billion is expected to be released in phases over the coming months.
Sources said the next economic review under both programs is scheduled for September. An IMF mission may visit Pakistan to conduct the fourth review and assess the country’s progress on agreed economic reforms.
The IMF has emphasized the need for Pakistan to maintain fiscal discipline, reduce the budget deficit, increase tax revenue, and implement tax system reforms. The lender has also called for continued reforms in the energy sector, measures to reduce circular debt, privatization of state-owned enterprises, and efforts to keep public debt at sustainable levels.
In addition, the IMF wants Pakistan to continue policies aimed at controlling inflation and strengthening economic stability. The program also includes reforms designed to help the country cope with climate-related challenges such as floods, droughts, and other environmental risks.
According to the documents, Pakistan is expected to receive a total of $7 billion under the EFF program by September 2027. Another $1.4 billion will be provided under the RSF program to support climate resilience initiatives.
The upcoming IMF review is being closely watched as it could determine the timing of future loan disbursements.