Pakistan and the International Monetary Fund (IMF) are set to begin talks for the release of the next $1 billion loan tranche under the Extended Fund Facility later this month.
Sources in the Ministry of Finance said the IMF delegation will arrive in Pakistan on September 25 to start discussions on the second economic review. The talks aim to assess Pakistan’s financial progress under the program.
Preparations for the visit are underway, with the Ministry of Finance finalizing key economic data to be presented to the IMF. Officials are ensuring that all figures accurately reflect the country’s current economic situation.
Successful completion of the review will allow the IMF Board to approve the tranche. Once approved, Pakistan is expected to receive the $1 billion installment to support its economic stability and development projects.
The visit is part of the 37-month, $7 billion Extended Fund Facility program agreed in September 2024. Under this plan, Pakistan has already received more than $2 billion in two previous installments.
Authorities emphasized that these discussions are crucial for maintaining fiscal discipline and ensuring Pakistan meets its program targets. The government is optimistic that timely cooperation will secure the upcoming tranche smoothly.