The Executive Board of the International Monetary Fund (IMF) is scheduled to meet today (Monday) to assess Pakistan’s second review under the 37-month Extended Fund Facility (EFF) and the first review of the 28-month Resilience and Sustainability Facility (RSF), according to the Fund’s schedule.
If the reviews are approved, Pakistan is expected to receive around $1.0 billion under the EFF and an additional $200 million under the RSF, taking the total disbursements under both programs to nearly $3.3 billion.
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This development follows a staff-level agreement reached in October after IMF officials, led by Iva Petrova, held discussions with Pakistan’s economic team in Karachi, Islamabad, and Washington, DC. The agreement, announced on October 15, still requires formal approval from the Board.
The Ministry of Finance highlighted that IMF officials have commended Pakistan as a “very good example of reform and resilience,” as the government advances with key economic reforms despite ongoing challenges.
The Board deliberations are set for December 8.
