The International Monetary Fund (IMF) on Friday approved the immediate disbursement of about $1 billion to Pakistan under the ongoing Extended Fund Faci­li­ty (EFF) and allowed an additional arrangement for the $1.4bn Resilience and Sus­tainability Facility (RSF).

In a statement issued today, the IMF said its Executive Board completed the first review of Pakistan’s economic reform program supported by the EFF Arrangement.

“This decision allows for an immediate disbursement of around $1bn (SDR 760 million), bringing total disbursements under the arrangement to about $2.1bn (SDR 1.52 billion). In addition, the IMF Executive Board approved the authorities’ request for an arrangement under the RSF, with access of about $1.4bn (SDR 1 billion),” it said.

It noted that Pakistan’s policy efforts under the EFF had already delivered “significant progress” in stabilising the economy and rebuilding confidence, amidst a challenging global environment.

“Fiscal performance has been strong, with a primary surplus of two per cent of gross domestic product achieved in the first half of FY25, keeping Pakistan on........

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