ISLAMABAD – The federal government has set a target to bring the power sector’s circular debt inflow to zero during the current fiscal year, a key condition set by the International Monetary Fund (IMF) for the release of a $1.2 billion tranche under the Extended Fund Facility (EFF). Read More: IMF to disburse $1.2bn to Pakistan […]
EFF
IMF to disburse $1.2bn to Pakistan after board approval
ISLAMABAD: The International Monetary Fund (IMF) has scheduled a meeting of its executive board on December 8 to approve the immediate disbursement of $1.2 billion to Pakistan under two concurrent programmes. The funds include $1 billion under the $7 billion Extended Fund Facility (EFF) and $200 million under the $1.4 billion Resilience and Sustainability Fund […]
Pakistan awaits $1.2B IMF tranche amid flood losses
Islamabad: The International Monetary Fund (IMF) Executive Board will meet in December to consider a $1.2 billion tranche for Pakistan under the Extended Fund Facility (EFF). This tranche includes $200 million through the Climate Resilience Financing initiative. Officials at the Ministry of Finance remain hopeful that the tranche will be approved smoothly following the staff-level […]
Pakistan Eyes IMF Staff-Level Agreement During Aurangzeb’s US Visit
ISLAMABAD: Authorities are optimistic about concluding a staff-level agreement (SLA) with the International Monetary Fund (IMF) during Finance Minister Muhammad Aurangzeb’s upcoming visit to the United States. The agreement hinges on consensus regarding Pakistan’s external account and the verification of flood-related losses and their fiscal distribution among federal and provincial accounts. Officials confirmed that the […]
Pakistan and IMF near agreement on next loan tranche
Pakistan and the International Monetary Fund (IMF) are close to reaching a Staff Level Agreement (SLA) for the first review of the 37-month Extended Fund Facility (EFF). Nathan Porter, the IMF mission leader, stated that significant progress has been made during the discussions, which took place from February 24 to March 14, 2025, in Islamabad […]
Tarin says Pakistan, IMF interested to move forward with Extended Fund Facility
ISLAMABAD: Federal Minister for Finance Shaukat Tarin, ruling out any disagreement between Pakistan and International Monetary Fund (IMF), on Monday said the Extended Fund Facility (EFF) programme would continue as both wanted it to move forward. Talking to a private TV channel, he said that there was no danger of Pakistan coming out of the […]