Islamabad: The International Monetary Fund (IMF) announced on Wednesday that it had reached an agreement at the level of employees with Pakistan regarding the first review of its economic program within the framework of the Fund Fund (EFF) and a new arrangement under the flexibility and sustainability facility (RSF). Discussions took place from February 24 to March 14, 2025, in Karachi and Islamabad, and they actually continued.
The agreement includes a new ranking for 28 months under RSF, providing Pakistan a total arrival of about $ 1.3 billion (SDR 1 billion). Taking into account the approval of the Executive Council of the International Monetary Fund, Pakistan will be able to reach about $ 1.0 billion (SDR 760 million) under EFF, up to total payments under the program to about $ 2.0 billion.
In a statement, the International Monetary Fund has indicated the great progress of Pakistan over the past 18 months in restoring macroeconomic stability, despite global challenges. He highlighted improvements in inflation, financial conditions and external balances. However, the International Monetary Fund also warned of high risks, including potential political slipping, global financial emphasis, and climate -related challenges.
According to the statement, the Pakistani authorities have committed to increasing the promotion of public financial affairs, ensuring price stability, and strengthening financial and monetary policies to support the growth led by the private sector. The main repairs in light of the RSF program include continuous financial unification, revenue packing, structural energy repairs, and climate flexibility initiatives.
