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Pakistan has begun preparations for the fifth review of its $7 billion Extended Fund Facility programme with the International Monetary Fund, with talks expected to take place next month and potentially unlock approximately $1.2 billion in fresh financing, according to Finance Ministry sources.

An IMF delegation is expected to visit Pakistan next month to assess the government’s progress on agreed programme targets. The Finance Ministry has directed all relevant ministries and departments to prepare updated data and progress reports ahead of the mission’s arrival.

Officials will brief the IMF team on the government’s performance against structural benchmarks and other economic reform commitments tied to the programme. The successful completion of the review would pave the way for the disbursement of the next tranche, providing critical support to Pakistan’s external financing position.

The fifth review comes as Pakistan continues to navigate a challenging economic environment, with the government under pressure to demonstrate sustained progress on fiscal consolidation, energy sector reforms, and revenue mobilisation targets agreed under the IMF programme. The talks are expected to focus on the government’s adherence to quantitative performance criteria and progress on key structural reforms.

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