Pakistan, IMF reach staff-level agreement for $1.2bn tranche
ISLAMABAD: The International Monetary Fund (IMF) on Thursday reached a staff-level agreement (SLA) with Pakistani authorities on the fourth review under the $7 billion Extended Fund Facility (EFF) and the third review under the $1.4bn Resilience and Sustainability Facility (RSF), qualifying Pakistan to draw about $1.2bn from the fund’s resources in four to five weeks. “The IMF team has reached an…
The International Monetary Fund (IMF) and Pakistani authorities have reached a staff-level agreement (SLA) for a $1.2bn tranche under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). This agreement will allow Pakistan to draw the funds in four to five weeks, subject to approval by the IMF Executive Board.
The SLA is the result of discussions and Article IV consultations, which took place from September 23 to October 7. The IMF statement highlighted that the EFF has remained on track despite a challenging external environment, with the authorities committed to preserving macroeconomic stability and implementing reforms. The current account was broadly balanced in FY26, and sovereign rating upgrades indicate stronger policy credibility.
However, risks remain high due to geopolitical tensions, volatile energy prices, tighter global financial conditions, and trade disruptions.
Brief written by urgent.news from Dawn's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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