Pakistan and the International Monetary Fund (IMF) have reached a staff-level IMF agreement to review key financial programs. The agreement covers the $7 billion Extended Fund Facility (EFF) and the $1.1 billion Resilience and Sustainability Facility (RSF). It aims to support Pakistan’s economic stability and climate resilience.
According to an IMF statement, the agreement follows detailed discussions led by IMF mission chief Iva Petrova. Talks focused on Pakistan’s progress under both the Extended Fund Facility and the climate-focused RSF loan. The IMF said the IMF agreement is now awaiting approval from its Executive Board before the next disbursement is made.
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Once approved, Pakistan will receive about $1 billion under the EFF and $200 million under the RSF. This will bring total disbursements under both programs to nearly $3.3 billion. The funds will help strengthen Pakistan’s financial position after years of economic strain.
The IMF mission highlighted Pakistan’s ongoing reforms aimed at fiscal discipline and sustainable growth. Finance Minister Muhammad Aurangzeb also met IMF’s regional director Jihad Azour in Washington. They discussed Pakistan’s reform agenda and progress in meeting the IMF’s conditions for future stability.
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Officials said the IMF agreement reflects confidence in Pakistan’s economic direction and reform efforts. They believe it will unlock further international support and help the country manage financial and climate challenges more effectively.