The International Monetary Fund (IMF) Executive Board is poised to greenlight Pakistan’s second economic review, along with a $1.10 billion tranche, expected today.
As per Ministry of Finance insiders, the IMF Executive Board will convene today to potentially endorse the $1.1 billion tranche for Pakistan. The country’s case will be presented for approval during the meeting, following which Pakistan stands to receive the third and final installment under the Standby Arrangement Agreement.
Pakistan has already received $1.9 billion from the IMF under the Standby Arrangement Agreement, demonstrating adherence to the agreed-upon targets while remaining within the accord. Negotiations for a new loan program with the IMF are slated for next month, with the IMF delegation scheduled to visit Pakistan in May for discussions on the new loan program.
