IMF mission to visit Pakistan ‘in coming weeks’ for next review

According to Business Recorder, an International Monetary Fund mission is due in Pakistan within weeks, citing the lender's Resident Representative, Mahir Banici. The team will take up the next assessment of the $7-billion Extended Fund Facility (EFF) and the continuing Resilience and Sustainability Facility (RSF), and will also hold Article IV consultations.

The IMF's Executive Board signed off on the Extended Fund Facility in late September 2024 as a 37-month programme valued at around $7 billion. Separately, Pakistan asked for an RSF arrangement in October 2024, and a staff-level deal for a 28-month facility worth about $1.3 billion was reached on March 25, 2025. Pakistan has drawn $4.8 billion so far across both arrangements.

A fresh staff-level deal on the fourth EFF review and third RSF review would need IMF board approval, after which roughly $1 billion from the EFF and $200 million from the RSF would become available. Earlier, Business Recorder reported that the Finance Ministry told relevant ministries to finish preparations and provide progress updates on commitments made to the lender. The mission is likely to begin in Karachi with State Bank of Pakistan officials, then travel to Islamabad for discussions with the economic team.