The International Monetary Fund’s (IMF) executive board will meet in Washington on Friday to consider approval of the next $1.2 billion tranche for Pakistan.
According to details surfaced on Thursday, the international lender is expected to approve the third economic review under the Extended Fund Facility (EFF) programme.
Approval of the second review under the climate change-related Resilience and Sustainability Facility (RSF) programme is also expected.
Pakistan is likely to receive $1 billion under the EFF programme and another $200 million under the RSF programme.
It is pertinent to note that Pakistan and the IMF reached a staff-level agreement on March 27.
Officials said Pakistan has fulfilled the IMF’s conditions for the release of the next tranche.
Meanwhile, the IMF mission is expected to arrive in Pakistan by May 15 for consultations on the new federal budget for the 2026-27 fiscal year.
Officials from the Ministry of Finance, Federal Board of Revenue, State Bank of Pakistan and Ministry of Energy will brief the visiting delegation.
The IMF will also be informed about the continuation of reforms under the loan programme.
.jpg)
