ISLAMABAD(National times)- The International Monetary Fund (IMF) Executive Board is scheduled to meet on on Monday (today), to consider the approval of a $1.2 billion tranche for Pakistan. The decision comes after Pakistan and the IMF reached a staff-level agreement on October 14, 2025. Pakistan has fulfilled all the required conditions to receive the next installment under its ongoing IMF loan programme. Sources confirmed that $1 billion will be disbursed under the Extended Fund Facility (EFF), while an additional $200 million will be released under the Climate Financing (RSF) framework to strengthen the country’s climate resilience and sustainable development efforts. Prior to the board meeting, Pakistan submitted the Corruption and Governance Diagnostic report, which was a key precondition set by the IMF. Officials said the report demonstrates the country’s commitment to transparency and reform. Earlier, IMF Deputy Director Bo Li lauded Pakistan’s ongoing reform agenda, calling it a strong example of putting the country on the right path toward economic recovery. The RSF support aims to help Pakistan promote green budgeting, integrate climate risk assessments into financial regulations, enhance transparency in climate-related data, and plan climate-resilient infrastructure projects. The development was highlighted during Finance Minister Muhammad Aurangzeb’s participation as a distinguished panelist at the 23rd Doha Forum held at Sheraton Grand, Doha, where he emphasized Pakistan’s efforts to strengthen long-term economic and climate resilience. The upcoming IMF Executive Board meeting will cover the second review under the EFF and the first review under the RSF, marking a significant step in Pakistan’s reform and stabilization program. Economists say that IMF bailout packages are of fundamental importance for Pakistan because the country has long relied on financial assistance from bilateral donors Saudi Arabia, China, and the United Arab Emirates, as well as institutions like the World Bank, Asian Development Bank, and Islamic Development Bank. Pakistan has been facing a prolonged macroeconomic crisis that has placed severe pressure on foreign exchange reserves, fiscal resources, and the balance of payments. However, since 2022, Islamabad has also recorded some successes, including a current account surplus and a significant decrease in inflation.
FinMin says IMF findings to help govt plug leakages, improve transparency
Finance Minister Muhammad Aurangzeb on Sunday described a recent International Monetary Fund (IMF) report on corruption and governance weaknesses as a “catalyst” for long-overdue reforms, saying the findings would help the government strengthen oversight, plug leakages and improve transparency in the country.
