The International Monetary Fund’s Executive Board has approved $1.2 billion in financing for Pakistan under its ongoing economic reform programme.
The approval includes about $1 billion under the Extended Fund Facility and around $200 million under the Resilience and Sustainability Facility. The decision followed the completion of programme reviews related to Pakistan’s economic and climate reform commitments.
The fresh financing is expected to support Pakistan’s external account, foreign exchange reserves and reform agenda. The IMF said Pakistan’s programme implementation has helped maintain economic stability and improve external conditions despite recent challenges.
The funding comes as Pakistan continues efforts to improve fiscal discipline, broaden the tax base, strengthen reserves and address long-standing issues in the energy sector.
Officials say the approval reflects confidence in Pakistan’s reform measures, while further progress will depend on continued implementation of agreed economic policies.
