The State Bank of Pakistan said Wednesday that the country has received a $1.32 billion [1] disbursement from the International Monetary Fund.
This infusion of capital is critical for the nation's economic stabilization as it struggles with liquidity and manages its international debt obligations.
The funds were released under the Extended Fund Facility (EFF), a 37-month [3] programme designed to support the Pakistani economy. The State Bank of Pakistan said the disbursement follows the approval of the IMF Executive Board after the completion of the third review [5] of the programme.
The EFF programme began in September 2024 [4]. The central bank in Islamabad said the funds are expected to be credited to the country's foreign-exchange reserves by May 15, 2026 [2].
This latest payment marks a milestone in the ongoing agreement between the IMF and the Pakistani government. The process requires the government to meet specific economic benchmarks, and policy targets to trigger subsequent releases of funding.
“Pakistan received a disbursement of $1.32 billion from the IMF”
The successful completion of the third review and the subsequent release of $1.32 billion indicate that Pakistan is currently meeting the stringent conditionalities set by the IMF. This provides a temporary cushion for the country's foreign-exchange reserves, which is essential for maintaining import capabilities and avoiding immediate default on external debts.
