Pakistan has received $1.3 billion from the International Monetary Fund under its ongoing financial assistance programmes, providing fresh support to the country’s foreign exchange reserves. In a statement, the State Bank of Pakistan confirmed the receipt of funds, saying the transfer was made under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility […]
Pakistan IMF
Pakistan to replace electricity subsidy with targeted system
Pakistan has assured the International Monetary Fund (IMF) that it will overhaul its electricity subsidy system, ending the general subsidy on electricity consumption of up to 200 units and replacing it with a targeted support model. Read More: Pakistan raises power tariffs under IMF subsidy cap According to official sources, the new system will be introduced within eight months and […]
IMF urges Pakistan to revise oil prices amid Middle East crisis
ISLAMABAD: The International Monetary Fund (IMF) has shared the Memorandum of Economic and Financial Policies (MEFP) with Pakistan authorities after finalizing key outlines of the 2026–27 budget, while urging more frequent adjustments to oil prices to reflect global market fluctuations. Read More: Govt plans Rs 5 fuel levy hike ahead of IMF deal Pakistan and the IMF have exchanged […]
Pakistan prepares for 3rd IMF review, $1bn tranche expected
Pakistan has started preparations for the third economic review with the International Monetary Fund, aiming to secure the next $1 billion tranche and provide relief to the public, salaried workers, and industries. Officials emphasized that the review is a crucial step for stabilizing the economy and ensuring timely financial support. The IMF review mission is […]
India questions IMF’s financial support to Pakistan amidst terrorism allegations
In a recent statement, Indian Defence Minister Rajnath Singh urged the International Monetary Fund (IMF) to reconsider its $1 billion loan to Pakistan, alleging that the funds would be used to finance terrorism. Singh’s remarks come after escalating tensions between India and Pakistan, particularly following a deadly attack on tourists in Indian Illegally Occupied Jammu […]