The International Monetary Fund (IMF) has made “considerable progress” in talks with Pakistan over its funding facilities, the Fund said late Wednesday, adding that discussions will continue in the coming days. The IMF mission, led by Iva Petrova, had started talks with Pakistani officials on the third review of a $7 billion EFF multi-year program […]
International Monetary Fund
IMF expresses satisfaction with Pakistan’s progress
As uncertainty regarding peace and security unfolds in the region, the International Monetary Fund (IMF) review team returned from the federal capital after expressing satisfaction with Pakistan’s progress so far, on Tuesday. However, they also highlighted the downside risks that Pakistan faces on a medium-term basis. The review mission convened a plenary session with Finance […]
IMF mission begins talks in Islamabad as Pakistan seeks next programme review
Pakistan began formal talks with a visiting International Monetary Fund (IMF) delegation on Monday as the country prepares for the next review of its $7 billion bailout program. The IMF team is in Pakistan to conduct a review under the Extended Fund Facility (EFF) approved in September 2024, a multi-year program aimed at stabilizing the […]
MNCs, local companies urge IMF to abolish super tax, slash corporate tax
Both the multinational and big local companies have asked the International Monetary Fund (IMF) to abolish Super Tax, reduce corporate tax in a phased manner and rationalise advance as well as withholding taxes in order to reduce the burden of compliant sectors, on Sunday. The visiting IMF review mission held separate meetings with Overseas Investors […]
Govt shares action plan with IMF ahead of review mission’s visit
Pakistan has shared an action plan with the International Monetary Fund (IMF) to review the process for appointing the chairperson of the National Accountability Bureau (NAB), introduce the publication of asset declarations for high-level federal civil servants in 2026, and implement risk-based verification of these declarations, on Sunday. The process for appointing the NAB chairperson […]
IMF lauds Pakistan’s reforms, eyes Feb 25 visit for next review
The International Monetary Fund on Friday welcomed reform progress by Pakistan, saying its policy efforts under the IMF-supported programme have helped stabilise the economy and rebuild market confidence. According to IMF spokesperson and Director of Communications Julie Kozack, Pakistan is currently implementing an Extended Fund Facility (EFF) arrangement and an IMF staff team is expected […]
IMF mission due in Pakistan next week for third economic review
An International Monetary Fund (IMF) mission is set to arrive in Pakistan on February 25 for the third economic review talks under the ongoing loan program, a key step that could unlock $1.2 billion in fresh funding. The 15-day visit will focus on assessing Pakistan’s economic performance from July to December 2025 and reviewing progress […]
IMF tells govt to shield lower-income, middle class from power tariff changes
The International Monetary Fund is discussing proposed electricity tariff revisions with Pakistan authorities, the fund said in a statement to Reuters on Saturday, adding that the burden of the revisions should not fall on middle? or lower?income households. “The ongoing discussions with the authorities will assess whether the proposed tariff revisions are consistent with these […]
UAE rolls over $2 billion loan to Pakistan ahead of IMF review
The United Arab Emirates has agreed to a short-term rollover of a $2 billion deposit for Pakistan for a period of two months, on Friday, as Islamabad prepares for talks with the International Monetary Fund (IMF). This assurance was given to Pakistan when Deputy Prime Minister and Foreign Minister Ishaq Dar contacted the UAE high-ups […]
SBP chief expects broader recovery than IMF forecast
Pakistan’s central bank chief expects the economy to grow as much as 4.75% this fiscal year, pushing back against a recent downgrade by the International Monetary Fund. Governor Jameel Ahmad, in written responses to Reuters, argued the recovery is broader and more durable than headline export data suggest. The State Bank of Pakistan (SBP) raised […]