The IMF Executive Board will meet today to approve Pakistan’s First Review under the $7 billion Extended Fund Facility (EFF) and a new $1.3 billion Resilience and Sustainability Facility (RSF).
Upon approval, Pakistan will immediately receive $1 billion (SDR 760 million) under the EFF, bringing total disbursements to $2 billion. Also, Pakistan will have access to additional $1.3 billion over 28 months for climate-related initiatives.
The review follows a mission led by Nathan Porter from February 24 to March 14, 2025, in Karachi and Islamabad.
A staff-level agreement was reached on March 25, 2025, for a 37-month, $7 billion EFF programme supported by federal and provincial governments. The programme targets fiscal consolidation, inflation control, reserve building, and structural reforms to support private-sector growth.
Editorial & Legal Practice Group
Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.
Advocates High Court & Tax Counsel
Jurisdiction: Pakistan