Pakistan receives $1.32bn from IMF after the International Monetary Fund completed the third review of its lending programme under the Extended Fund Facility (EFF). The latest disbursement provides fresh financial support as the country works to strengthen its economy and foreign reserves.
Pakistan receives $1.32bn from IMF following approval by the IMF Executive Board, which cleared funds under both the Extended Fund Facility and the Resilience and Sustainability Facility. The State Bank of Pakistan confirmed that it received a total of SDR 914 million, equivalent to around $1.3 billion, on May 12, 2026.
According to the central bank, Pakistan receives $1.32bn from IMF will be reflected in the country’s foreign exchange reserves for the week ending May 15, 2026. The inflow is expected to provide short-term stability to external accounts and support ongoing economic reforms.
The IMF board approved the disbursement during its meeting on May 8. The package includes $1.1 billion under the EFF and around $220 million under the RSF programme, aimed at supporting climate resilience and disaster preparedness reforms.
Pakistan receives $1.32bn from IMF at a time when the government is focusing on rebuilding reserves, controlling inflation, and meeting key structural benchmarks set by the Fund. These include increasing tax revenue, improving state-owned enterprises, and advancing privatisation efforts.
Officials in the government have welcomed the development, calling it a sign of confidence in Pakistan’s economic direction. Deputy Prime Minister and Foreign Minister Ishaq Dar said the approval reflects trust in the government’s ongoing reforms and policy measures.
The 37-month EFF programme, approved in September 2024, aims to strengthen macroeconomic stability, improve fiscal discipline, and support long-term sustainable growth. Key reforms also focus on energy sector stability, tax base expansion, and public sector efficiency.
Pakistan receives $1.32bn from IMF under a broader strategy that also includes the RSF arrangement approved in May 2025. This programme supports climate-related reforms, including better disaster management, improved water use, and stronger climate risk reporting.
With the latest inflow, Pakistan’s external financing position has received a temporary boost, although analysts continue to stress the importance of sustained reforms for long-term economic stability.