Grab EXTRA 10% OFF all Tangem products. Till Oct 25IMF approves $1.21B for Pakistan amid economic risks
7.2 Macro The IMF reached a staff-level agreement with Pakistan for $1.21 billion in new funding, pending board approval, to support economic stability amid ongoing risks.
The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan to unlock approximately $1.21 billion in additional financing, aiming to support the country amid ongoing economic challenges. This package includes about $1 billion under the Extended Fund Facility (EFF) and $210 million through the Resilience and Sustainability Facility (RSF), bringing total disbursements under both programs to around $5.7 billion. The agreement follows extensive discussions between the IMF team and Pakistani authorities, covering the fourth review of the 37-month EFF and the third review of the 28-month RSF. However, the arrangement is still subject to approval by the IMF Executive Board before any funds are released. The IMF warned that persistent geopolitical tensions, high energy costs, and external trade disruptions continue to threaten Pakistan’s fragile economic recovery. While recent indicators show modest GDP growth and easing inflation, significant risks remain.
