Mission to Assess EFF and RSF Reviews Amid Signs of Fiscal Improvement
ISLAMABAD: Pakistan will host an International Monetary Fund delegation starting February 25 as authorities continue efforts to stabilize the economy under IMF-supported programs.
Speaking at a press briefing in Washington, IMF Director of Communications Julie Kozack confirmed that the mission will conduct review discussions under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). The delegation will assess the Third Review under the EFF and the Second Review under the RSF, focusing on fiscal performance, structural reforms, and social spending.
Notably, Pakistan has recorded its first current account surplus in 14 years. In addition, the primary fiscal surplus reached 1.3% of GDP in FY2025, signaling improved fiscal management and program compliance. Inflation has remained relatively contained, while policymakers have prioritized rebuilding investor confidence and strengthening public finances.
However, the IMF stressed that sustained fiscal consolidation and continued structural reforms remain critical for durable economic growth and access to international markets. Authorities are also expected to discuss revenue mobilization, governance reforms, and social protection during the talks.
Subheadline: IMF Reviews Extend Across South Asia and Beyond
Meanwhile, the IMF highlighted broader regional developments. India’s economy is projected to grow by 7.3% in FY2025-26, supported by strong domestic demand and infrastructure spending. The Fund also continues engagement with Sri Lanka, Ukraine, Sub-Saharan Africa, the United States, and Argentina under various review programs.
The upcoming Pakistan mission comes at a pivotal moment as the country navigates fiscal and external challenges while seeking long-term stability.
