Islamabad: The International Monetary Fund and Pakistani authorities have reached a staff-level agreement on the first review of Pakistan’s $7 billion Extended Fund Facility. This agreement also includes a new 28-month $1.3 billion arrangement under the Resilience and Sustainability Facility.
Upon approval by the IMF Board, Pakistan will gain access to approximately $1 billion under the Extended Fund Facility, increasing total disbursements to around $2 billion. This development marks a notable step in Pakistan’s ongoing economic reforms.
The agreement reflects Pakistan’s progress in tax equity, monetary stability, energy sector transformation, and climate resilience. With support from the IMF, these initiatives are aimed at building a sustainable economic future for the country, according to the details provided by Radio Pakistan.