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Home Pakistan

Pakistan receives $1.02B IMF tranche

News Desk by News Desk
May 14, 2025
in Pakistan
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Pakistan receives $1.02B IMF tranche
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Pakistan receives $1.02B IMF tranche as announced by the State Bank of Pakistan.

The State Bank of Pakistan (SBP) announced on Wednesday that it has received a second installment of Special Drawing Rights (SDRs) worth 760 million, equivalent to around $1.02 billion, from the International Monetary Fund (IMF).

The central bank stated that this amount will be recorded in its foreign currency reserves for the week ending on May 16, 2025.

This payment comes after the IMF completed the first review of Pakistan’s Extended Fund Facility (EFF) on May 9, 2025, unlocking access to an additional $1 billion for the country.

The IMF Executive Board has also approved a new agreement under the Resilience and Sustainability Facility (RSF), through which Pakistan will receive approximately $1.4 billion to support its efforts in climate adaptation and disaster resilience.

The financial assistance under both the EFF and RSF programs is expected to help stabilize Pakistan’s economy and strengthen its foreign exchange reserves.

Initially, the IMF had committed to a package worth SDR 5,320 million (around $7 billion) under the EFF in July 2024, with final approval granted in September 2024.

With the latest installment, Pakistan has now received $2.1 billion under the EFF—a critical support, according to analysts, for advancing economic reforms and maintaining reserve buffers.

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