IMF review: Pakistan expected to meet all targets, says AHL
Pakistan is likely to meet nearly all seven Quantitative Performance Criteria (QPCs) set under its ongoing International Monetary Fund (IMF) programme, ahead of the Fund’s upcoming review later this month, said Arif Habib Limited on Saturday. “Based on publicly available data, we believe Pakistan is on track to meet nearly all seven QPCs, with one data point yet to be disclosed,” said the…
The International Monetary Fund (IMF) review suggests that Pakistan is likely to meet nearly all seven Quantitative Performance Criteria (QPCs) set under its ongoing program, according to a report by Arif Habib Limited (AHL). The upcoming review, which is scheduled to take place later this month, will focus on demonstrating consistency in implementation rather than securing new commitments.
The IMF mission is expected to visit Pakistan next month to assess economic performance for the January-June 2026 period and initiate negotiations for the release of the next tranche under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF). Meeting targets is crucial as a clean review could reinforce the view that improving credit ratings and market access reflect genuine progress in reforms.
However, Pakistan has faced challenges in meeting targets in the past, such as the Federal Board of Revenue missing its fiscal 2026 collection target by Rs1.1 trillion.
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