IMF mission to visit Pakistan ‘in coming weeks’ for next review

The International Monetary Fund (IMF) plans to send a mission to Pakistan within the next few weeks for a review of its financial support programs, a spokesperson said on Friday. Mahir Banici, the IMF Resident Representative for Pakistan, informed Business Recorder of the impending visit. The mission's purpose will be to assess the progress of the $7-billion Extended Fund Facility (EFF) and the ongoing Resilience and Sustainability Facility (RSF).

Pakistan currently participates in two IMF programs: the EFF, approved by the IMF's Executive Board in late September 2024, and the RSF, which was formally requested by Pakistan in October 2024. The EFF, a 37-month bailout worth approximately $7 billion (SDR 5,320 million), was finalized on March 25, 2025, alongside the first review of the RSF.

Following the completion of staff-level agreements on both programs, Pakistan anticipates receiving an additional $1 billion from the EFF and $200 million from the RSF. As of now, Pakistan has already received $4.8 billion under these arrangements. Preparations for the mission are underway, with the IMF team scheduled to commence its work in Karachi, meeting with officials from the State Bank of Pakistan before proceeding to Islamabad for discussions with the Pakistani government's economic team.