Overview
- Pakistan’s central bank confirmed receipt of about $1.2 billion—SDR 760 million under the EFF and SDR 154 million under the RSF—which will be reflected in reserves for the week ending December 12.
- The disbursement lifts total releases under the IMF’s EFF and RSF arrangements to roughly $3.3 billion.
- An IMF staff report set 11 additional structural benchmarks, raising the program’s total conditions to 64 with deadlines extending through 2026.
- Key requirements include publishing asset declarations of high‑level federal civil servants by December 2026 and completing a remittance‑cost assessment with an action plan by May 2026.
- Further steps include a national sugar‑market liberalisation policy by June 2026, groundwork for private participation in HESCO and SEPCO before the next budget, an FBR reform roadmap by December 2025, and a possible mini‑budget if revenues undershoot.