Pakistan is expected to receive more than $1.2 billion under its ongoing financial programme with the International Monetary Fund as the lender’s Executive Board is meeting on May 8 to review the country’s economic progress.
According to official sources, the IMF board will consider approving the next tranche after Pakistan completes the third review of its $7 billion Extended Fund Facility (EFF) programme. If approved, the funds will likely be disbursed shortly to support the country’s economy and foreign exchange reserves.
Fresh Funds Expected Under IMF Programmes
Sources revealed that Pakistan may receive nearly $1 billion as the fourth tranche under the EFF programme. In addition, the country could secure another $210 million through the IMF’s Resilience and Sustainability Facility (RSF) after the completion of the programme’s second review.
Furthermore, the IMF and Pakistan had reached a staff level agreement on March 27, which cleared the way for final board approval. Officials stated that once the board grants approval, the funds will be transferred directly to the account of the State Bank of Pakistan.
Economic Reform Agenda Continues
Pakistan secured the 37-month EFF programme in September 2024 to stabilize the economy and implement structural reforms. Since then, the country has already received three separate tranches of $1 billion each in September 2024, May 2025, and December 2025.
Meanwhile, the climate focused RSF programme continues providing additional financial support in phases. Economic experts believe the upcoming IMF board meeting remains highly important because approval would strengthen investor confidence and demonstrate continued international backing for Pakistan’s economic reform efforts.
