Fund to hold out the third EFF overview and the second Resilience and Sustainability Facility overview
Finance Minister Muhammad Aurangzeb speaks throughout a Reuters interview on the 2025 annual IMF/World Financial institution Spring Conferences in Washington, DC, US, April 25, 2025. Photograph: Reuters/ File
Pakistan is well-positioned for the Worldwide Financial Fund (IMF) overview of a $1.2 billion tranche, Finance Minister Muhammad Aurangzeb stated on Wednesday, because the IMF mission begun discussions in Karachi.
The employees mission will conduct the third overview below the IMF’s Prolonged Fund Facility (EFF) and the second overview below the Resilience and Sustainability Facility (RSF), in accordance with official statements from the IMF and Ministry of Finance. The IMF mission, led by Iva Petrova, arrived in Pakistan right now and can stay till March 11 to finish the 2 critiques.
Profitable completion of the critiques is predicted to unlock roughly $1.2 billion — $1 billion from the EFF and $200 million from the RSF — by late April. “We’re preparing for the third overview,” Aurangzeb stated.
“It’s going to cowl each efficiency benchmarks and structural benchmarks, in addition to a forward-looking evaluation of this system.” He added that he’ll meet the IMF crew in Islamabad for additional discussions, describing them as a “significant dialog,” whereas noting it was too early to foretell outcomes.
Earlier, the IMF highlighted that Pakistan’s coverage measures have “helped stabilise the financial system and rebuild confidence.”
Pakistan reported a main fiscal surplus of 1.3% of GDP for FY25, in step with programme targets, whereas the State Financial institution projected inflation to stay inside the 5-7% vary for FY26 and FY27. Overseas change reserves reached $14.5 billion on the finish of FY25, with a goal of $18 billion by June.
Key dialogue factors will embody round debt administration, latest electrical energy tariff changes, and implementation of the Governance and Corruption Diagnostic report and the Nationwide Fiscal Pact. Officers stated the FY2026-27 federal funds framework may also be reviewed.
WB nation director calls on FinMin Aurangzeb
Individually, the World Financial institution Nation Director for Pakistan Bolormaa Amgaabazar met Aurangzeb on the Finance Division to debate strengthening cooperation below the Financial institution’s Nation Partnership Framework (CPF) and advancing key authorities reforms.
The talks coated inhabitants and human capital improvement, local weather resilience, agriculture and vitality sector reforms, and general portfolio efficiency.
The Nation Director of the World Financial institution for Pakistan, Ms. Bolormaa Amgaabazar, known as on the Federal Minister for Finance and Income, Senator Muhammad Aurangzeb, on the Finance Division right now.
The assembly centered on strengthening cooperation below the World Financial institution’s Nation… pic.twitter.com/wSPdTp1E7j
— Ministry of Finance, Authorities of Pakistan (@Financegovpk) February 25, 2026
Aurangzeb emphasised the significance of efficient implementation of the CPF, notably in precedence areas resembling inhabitants administration and local weather change.
Each side mentioned enhancing coordination between federal and provincial governments, enhancing transparency in undertaking design, and strengthening monitoring mechanisms to realize supposed improvement outcomes.
The World Financial institution reaffirmed its dedication to collaboration with Pakistan’s federal and provincial stakeholders.
