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A staff-level agreement between the IMF and Pakistan was reached on March 27. This further paved the way for the board’s final approval.
Image: IANS
The International Monetary Fund (IMF) will reportedly give more than $1.2 billion to Pakistan under its ongoing loan programme. The global body’s Executive Board is all set to meet on May 8 to discuss the matter.
The IMF will consider the approval of the next tranche after the successful completion of the third review of Pakistan’s $7 billion Extended Fund Facility (EFF) programme. If all goes well, then the funds will be disbursed soon, ARY New reported.
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Insiders told the Pakistani news outlet that the Shehbaz Sharif-led government might get nearly $1 billion under the EFF as the fourth tranche. Additionally, it could receive $210 million under the Resilience and Sustainability Facility (RSF) after the second review of the programme.
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A staff-level agreement between the IMF and Pakistan was reached on March 27. This further paved the way for the board’s final approval. The amount is expected to be transferred to the State Bank of Pakistan’s account.
In September 2024, Pakistan secured the 37-month EFF programme, which is aimed at helping Pakistan to overcome its economic crisis situation, besides supporting structural reforms.
Under the programme, Pakistan has received three tranches so far. Following the first in September 2024, the second came in May 2025 and the third on December 11, 2025, with each of them amounting to $1 billion.
In addition to the EFF, the country is also receiving support to aid its economy from the IMF’s climate-focused RSF programme. Further disbursements are expected in phases in the time to come.
According to Pakistan officials, the upcoming board meeting is highly crucial as approval would unlock fresh funds and signal continued IMF support for Pakistan’s economy.
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