Overview
- An IMF staff mission is expected in September to conduct the fourth review of Pakistan’s $7 billion Extended Fund Facility and the third review of the $1.4 billion Resilience and Sustainability Facility.
- Public data and broker reports indicate Pakistan is likely to meet nearly all seven Quantitative Performance Criteria for the March–June period, though one data point remains unavailable and FBR tax shortfalls pose a downside risk.
- The government has introduced the Pakistan Sovereign Wealth Fund (Amendment) Bill in the Senate and proposed six amendments to SOE laws, while the Central Monitoring Unit is now staffed to monitor SOE reporting.
- IMF staff will scrutinize implementation of the Governance and Anti‑Corruption Diagnostics and the Prime Minister’s Economic Governance Reform plan, including online publication of senior asset declarations by December 2026 and planned NAB ordinance changes.
- If the review yields a staff‑level agreement and IMF Executive Board approval, Pakistan could unlock about $1 billion under the EFF and $200 million under the RSF, a result that would boost short‑term fiscal space and signal credibility to markets.