Pakistan Receives Loan Tranche of $1.2 Billion From IMF

The State Bank of Pakistan (SBP) has received approximately US$1.2 billion from the International Monetary Fund (IMF) following the IMF Executive Board’s completion of its second review under the Extended Fund Facility (EFF) and approval of the first tranche under the Resilience and Sustainability Facility (RSF). In a statement, the SBP confirmed that the IMF Executive Board, in its meeting on December 8, 2025, approved the disbursement of SDR 760 million for Pakistan under the EFF. Additionally, the Board approved the release of the first tranche of SDR 154 million under the RSF. As a result, the SBP has received a total of SDR 914 million (approximately US$1.2 billion) from the IMF as of December 10, 2025. The central bank noted that this inflow will be reflected in Pakistan’s foreign exchange reserves for the week ending December 12, 2025. The fresh disbursement is expected to bolster the country’s external account and support ongoing economic reforms under the IMF’s programs.