ISLAMABAD: The International Monetary Fund (IMF) has placed Pakistan on its Executive Board agenda for December 8, 2025, according to the Fund’s updated website. The meeting will decide on the final approval of a $1.2 billion tranche, following successful staff-level negotiations last month.
The Board will review the second evaluation of the Extended Fund Facility (EFF) and the first review of the Resilience and Sustainability Facility (RSF) — two key programs designed to stabilize Pakistan’s economy and promote sustainable growth.
The IMF’s staff-level agreement (SLA) with Pakistani authorities was reached in Washington, D.C., after the completion of the second EFF review. Upon the Board’s approval, Pakistan will receive $1 billion (SDR 760 million) under the EFF and an additional $200 million (SDR 154 million) under the RSF. This will bring total disbursements under both facilities to approximately $3.3 billion.
The Board’s endorsement is generally considered a formality after the SLA has been finalized, signaling confidence in Pakistan’s reform progress and fiscal management efforts.
Earlier, Finance Minister Muhammad Aurangzeb had indicated that the IMF’s Executive Board would likely approve the next tranche in early December. “The IMF is expected to approve the next tranche by early December,” he said at The Future Summit, themed ‘Course Correction: Redefining the Direction’.
The upcoming IMF decision is seen as critical for Pakistan’s external financing needs and economic stability amid persistent fiscal challenges and inflationary pressures.
