IMF Shows Contentment Towards Pakistan’s Progress

The International Monetary Fund (IMF) has recognized Pakistan’s substantial progress in implementing economic reforms under its current program. Discussions between IMF officials and Pakistani authorities have advanced significantly, with the IMF program being described as “strong.” This progress positions Pakistan favorably to secure the next $1 billion tranche under the existing arrangement and to finalize a new loan aimed at climate-related initiatives.

The IMF has commended Pakistan for effectively implementing its economic program, highlighting progress in fiscal consolidation, inflation control, and energy sector reforms. An IMF delegation, led by Nathan Porter, visited Pakistan from February 24 to March 14, 2025, to review the country’s economic program under the Extended Fund Facility (EFF) and discuss a possible new arrangement under the Resilience and Sustainability Facility (RSF).

The IMF team noted substantial progress in reducing public debt, maintaining tight monetary policy, advancing structural reforms, and addressing climate-related risks. The discussions will continue virtually, and the IMF team expressed gratitude to Pakistan’s authorities, private sector, and development partners for their cooperation.