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Showing posts from October 12, 2025

Pakistan & IMF Reach Staff-Level Agreement on $1.2 Billion Disbursement

 The International Monetary Fund (IMF) and the Government of Pakistan have reached a staff-level agreement on the second review of the 37-month Extended Fund Facility (EFF) and the first review of the 28-month Resilience and Sustainability Facility (RSF) . Once approved by the IMF Executive Board, Pakistan will receive about $1.2 billion , taking total disbursements under both programs to approximately $3.3 billion . Economic Progress Highlighted by the IMF The IMF noted that Pakistan’s macroeconomic stability is improving: The current account recorded its first surplus in 14 years The fiscal primary balance surpassed program targets Inflation remains contained External buffers and investor confidence are strengthening Challenges Ahead The Fund cautioned that recent floods —impacting nearly 7 million people—have hit agricultural productivity, leading to a revised FY26 GDP growth projection of around 3.3–3.5% . Reform Commitments Continue Pakistani au...