PTI | Islamabad | Updated At: 11:25 AM Mar 28, 2026 IST
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement to unlock about USD 1.2 billion in two tranches under separate facilities.
The agreement covers the third review of Pakistan’s 37-month Extended Fund Facility (EFF) and the second review of the 28-month Resilience and Sustainability Facility (RSF). Negotiations that began in person in Karachi and Islamabad from February 25 to March 2 continued virtually before the SLA was secured, the IMF said.
Under the deal, and subject to IMF board approval, Pakistan will receive roughly USD 1.0 billion (SDR 760 million) from the EFF and about USD 210 million (SDR 154 million) from the RSF, IMF mission chief Iva Petrova said.
The IMF noted Pakistani authorities’ commitment to maintaining prudent macroeconomic policies to preserve recent macro-financial stabilization gains, advancing structural reforms to boost growth, and strengthening social protection to shield vulnerable groups from volatile energy prices.
Pakistan joined the IMF’s USD 7 billion EFF programme in 2024 to restore market confidence, sustain fiscal reforms, and improve energy-sector efficiency. Last year it also secured a USD 1.4 billion RSF arrangement aimed at building climate resilience, enhancing disaster management, improving water efficiency, and promoting green financing.
