On April 29, the Executive Board of the International Monetary Fund (IMF) greenlit Pakistan’s second economic review, paving the way for the disbursement of the next tranche totaling $1.01 billion.
This approval also signifies the endorsement of the final installment under the Standby Arrangement Program, marking the completion of Pakistan’s engagement with the IMF under this program.
Following this milestone, Pakistan is poised to initiate discussions for a potential new program ranging from six to eight billion dollars, expected to commence in May, as per sources within the Ministry of Finance.