Pakistan-US Talks Focus on Minerals, Energy Cooperation
February 22, 2026
IMF says Pakistan’s economy has stabilised under EFF, citing fiscal surplus and current account gains ahead of crucial review talks.
The International Monetary Fund (IMF) has said Pakistan’s economic outlook has improved under its Extended Fund Facility (EFF) programme, citing stabilisation measures, contained inflation and renewed confidence.
Speaking in Washington, IMF Communications Director Julie Kozack confirmed that a staff mission will visit Pakistan from February 25 to conduct the third review under the EFF and the second review under the Resilience and Sustainability Facility (RSF).
Kozack described fiscal performance in FY2025 as “strong,” noting a primary surplus of 1.3% of GDP in line with programme targets. She added that inflation has remained relatively contained and highlighted a major milestone: Pakistan recorded its first current account surplus in 14 years, signalling stronger external stability.
An IMF team led by Mission Chief Iva Petrova will begin discussions with the State Bank of Pakistan before holding formal talks with federal and provincial authorities in early March.
If the review is completed successfully, Pakistan would become eligible for around $1 billion under the EFF and $200 million under the RSF.
The Fund also emphasised governance and tax reforms, particularly simplifying tax policy design and increasing transparency in public procurement, as central priorities moving forward.
