The IMF has approved a major financial milestone for Pakistan by completing the second review of the Extended Fund Facility (EFF) program and the first review of the Resilience and Sustainability Facility (RSF) program. Following this approval, Pakistan will receive approximately $1 billion, with additional access of up to $200 million.
The statement highlighted that despite the devastating floods earlier this year, the Government of Pakistan demonstrated strong economic performance, maintaining stability in financial and external sectors. The IMF emphasized macroeconomic stability, public finance reforms, enhanced competitiveness, increased productive capacity, strengthened social protection, human capital development, and institutional reforms as key priorities.
Sustainability in the energy sector, improvement of public services, and continuity of reforms were also highlighted as essential. The statement noted that the recent floods underscored the importance of immediate environmental measures, and the government is advancing reforms to enhance environmental resilience with support under the IMF’s RSF program.
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