Pakistan Set to Receive $1.2bn as IMF Board Reviews Funding on May 8

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The International Monetary Fund is scheduled to hold an important executive board meeting on May 8 to review and likely approve a $1.2 billion tranche for Pakistan under its ongoing financial support programmes.

This amount includes nearly $1 billion under the Extended Fund Facility (EFF) and about $210 million under the Resilience and Sustainability Facility (RSF), following successful programme reviews by IMF staff.

The expected disbursement comes after Pakistan met key conditions, including progress on fiscal reforms, better revenue generation, and adjustments in energy pricing. Authorities have also been working to phase out subsidies and strengthen tax collection to meet ambitious budget targets.

The IMF has acknowledged that Pakistan’s economic indicators have shown relative improvement, particularly in controlling inflation and stabilising external accounts. However, it has also warned that global challenges—especially fluctuations in energy prices—could still impact economic stability.

Pakistan has reiterated its commitment to continuing structural reforms, improving governance, and maintaining fiscal discipline. The upcoming IMF board approval is seen as a crucial step in sustaining economic recovery and boosting investor confidence in the country.

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