ISLAMABAD: Pakistan has received $1.32 billion from the International Monetary Fund (IMF) after the global lender completed the third review of the country’s Extended Fund Facility (EFF) program, according to the State Bank of Pakistan (SBP).
The IMF disbursed approximately $1.1 billion under the Extended Fund Facility and an additional $220 million through the Resilience and Sustainability Facility (RSF). The latest IMF loan installment is expected to strengthen Pakistan foreign exchange reserves and support economic stability amid ongoing financial challenges.
In an official statement shared on X, the State Bank of Pakistan confirmed that the IMF Executive Board approved the release of SDR 760 million under the EFF during its meeting held on May 8, 2026. The board also approved the second tranche of SDR 154 million under the RSF program.
According to SBP, Pakistan received a total of SDR 914 million, equivalent to nearly $1.3 billion, on May 12, 2026. The central bank said the funds will be reflected in the country’s foreign exchange reserves for the week ending May 15, 2026.
Pakistan’s 37-month IMF Extended Fund Facility was originally approved on September 25, 2024, with the objective of improving economic resilience, stabilizing the financial sector, and promoting sustainable economic growth.
Economic experts believe the IMF funding will help Pakistan manage external financing pressures, stabilize the Pakistani rupee, and restore investor confidence. The government also hopes the IMF program will improve fiscal discipline and support long-term economic reforms.
