IMF review shows Pakistan’s economic resilience, says Aurangzeb as $1.2bn tranche approved

PM Shehbaz hails CDF Field Marshal Munir, economic team for implementation of reform agenda

The International Monetary Fund’s (IMF) Executive Board has approved a $1.2 billion loan for Pakistan after completing the second review of the country’s economic reform program under the Extended Fund Facility (EFF) and the first review under the Resilience and Sustainability Facility (RSF), the global lender said on Tuesday.

The IMF will release $1bn under the EFF and $200 million under the RSF, bringing total disbursements under both programmes to $3.3 bn.

Finance Minister Muhammad Aurangzeb on Tuesday said that Pakistan’s successful completion of key reviews under the International Monetary Fund (IMF) programme reflects the country’s strengthened economic position and resilience, despite challenges posed by recent devastating floods.

In a statement released by the Finance Division, Aurangzeb acknowledged the cooperation of federal ministries, government bodies, county offices, senior secretaries, and provincial governments in advancing the government’s structural reform agenda and cooperation that contributed to the successful completion of the IMF’s second review under the Extended Fund Facility (EFF).

Opening today’s meeting of the Economic Coordination Committee (ECC), the minister noted that this collective commitment and disciplined implementation had been central to strengthening Pakistan’s economic management and stability.

The minister reiterated the Ministry of Finance’s gratitude for the support received across federal and provincial institutions, stressing that this coordinated effort will help consolidate progress toward economic stability.

He added that the IMF’s assessment again affirmed Pakistan’s ability to withstand the flood crisis without requiring urgent international assistance and described this acknowledgement as a significant milestone at a time when IMF disbursements totalling approximately $1.3 billion have been approved under the EFF and RSF arrangements.