IMF Approves $1.2 Billion Loan Tranche for Pakistan
ISLAMABAD — The Executive Board of the International Monetary Fund (IMF) has approved a $1.2 billion loan tranche for Pakistan, in a major boost to the country’s ongoing economic stabilization efforts.According to Pakistan’s Ministry of Finance, the funds will be disbursed under two separate IMF programmes. Pakistan will receive $1 billion under the Extended Fund…
ISLAMABAD — The Executive Board of the International Monetary Fund (IMF) has approved a $1.2 billion loan tranche for Pakistan, in a major boost to the country’s ongoing economic stabilization efforts.
According to Pakistan’s Ministry of Finance, the funds will be disbursed under two separate IMF programmes. Pakistan will receive $1 billion under the Extended Fund Facility (EFF) and an additional $210 million under the Resilience and Sustainability Facility (RSF).
The approval reflects the IMF’s confidence in Pakistan’s commitment to fiscal discipline and structural economic reforms. Financial analysts say the disbursement is expected to bolster the country’s foreign exchange reserves and ease pressure on the Pakistani rupee in international markets.
The development comes as Pakistan continues to navigate a challenging economic environment, with inflation gradually easing and exports showing signs of modest recovery.
