Overview
- Directors cleared roughly $1 billion under the Extended Fund Facility and about $200 million via the Resilience and Sustainability Facility, lifting total IMF disbursements since last year to around $3.3 billion.
- The Board granted waivers for missed targets and Pakistan pledged additional tax measures and state‑owned enterprise law amendments, after completing prior actions that included ordering the restructuring of an undercapitalised bank and publishing the Governance and Corruption Diagnostic.
- The IMF cited macroeconomic stabilization, noting a primary surplus near 1.3% of GDP in FY25 and gross reserves around $14.5 billion, while flagging flood‑related food price pressures as temporary.
- The RSF tranche is tied to climate adaptation priorities such as disaster response coordination, water management and better disclosure of climate‑related financial risks.
- Prime Minister Shehbaz Sharif welcomed the decision, and the Pakistan Stock Exchange climbed following the announcement.