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Pakistan receives $1.3bn IMF tranche

Published on: May 13, 2026 10:59 AM

Pakistan has received $1.3 billion from the International Monetary Fund under its ongoing financial assistance programmes, providing fresh support to the country’s foreign exchange reserves.

In a statement, the State Bank of Pakistan confirmed the receipt of funds, saying the transfer was made under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF).

Read More: IMF pressures Pakistan to tighten money laundering controls

According to the central bank, the IMF Executive Board had approved the disbursement on May 8 after completing the third review of Pakistan’s economic reform programme.

The approved amount includes 760 million Special Drawing Rights under the EFF arrangement, along with a second tranche of 154 million SDR under the RSF programme.

#SBP has received about US$1.3 billion under the IMF’s EFF and RSF programs

The IMF Executive Board completed third review under the Extended Fund Facility (EFF) in its meeting held on 08 May 2026, and approved disbursement of SDR 760 million for Pakistan. Furthermore, the IMF…

— SBP (@StateBank_Pak) May 13, 2026

The State Bank said Pakistan has received a total of 914 million SDR, which will be reflected in the country’s foreign exchange reserves rather than being converted into Pakistani rupees.

Officials stated that the amount will appear in reserve figures for the week ending May 15, 2026, offering temporary relief to the country’s external financing position.

The latest inflow is expected to strengthen Pakistan’s reserves at a time when the government continues to implement reforms aimed at stabilising the economy, improving fiscal discipline and meeting external debt obligations.

Under the current IMF programme, Pakistan has so far received a total of $4.6 billion.

Islamabad entered into the 37-month Extended Fund Facility with the International Monetary Fund in September 2024 to support macroeconomic stability, structural reforms and economic recovery.

The programme has remained central to Pakistan’s economic strategy, helping unlock financing from other international lenders and bilateral partners.

Analysts say the fresh tranche will improve investor confidence and provide breathing room for the government as it works to manage inflation, stabilise the currency and maintain reserve levels.

Read More: IMF tranche buys time as Iran war tests Pakistan’s reform claims

Pakistan’s economic managers have repeatedly stressed the importance of staying on track with IMF conditions to ensure continued access to international financing and avoid further balance-of-payments pressures.

The latest disbursement comes as markets closely monitor Pakistan’s fiscal reforms and reserve position ahead of the upcoming budget cycle.

Filed Under: Business Tagged With: economic reforms, foreign reserves, IMF tranche, Latest, Pakistan economy, Pakistan IMF, State Bank of pakistan

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