IMF, Pakistan reach staff-level agreement for $1.2bn loan
- 28-Mar-2026
Washington: The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan to provide approximately $1.2 billion under its ongoing financial programs, according to a press release. The agreement covers the third review of the 37-month Extended Fund Facility (EFF) and the second review of the 28-month Resilience and Sustainability Facility (RSF). The staff-level […]
IMF mission begins third EFF review talks with Pakistan
- 02-Mar-2026
ISLAMABAD: An International Monetary Fund (IMF) mission, led by Iva Petrova, on Monday began talks with Federal Minister for Finance and Revenue Muhammad Aurangzeb for the third review of the $7 billion Extended Fund Facility (EFF) and the second review of the $1.1 billion Resilience and Sustainability Facility (RSF). The IMF mission held its inaugural […]
IMF urges Pakistan to strengthen oversight of precious metals dealers, real estate agents
- 14-Dec-2025
ISLAMABAD: The International Monetary Fund (IMF) has released its staff report on Pakistan, emphasizing that strengthening Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures is essential to safeguarding the country’s financial system. The IMF noted that Pakistani authorities are updating the national assessment of money laundering and terrorist financing risks, which is expected […]
IMF agrees to cut Pakistan’s tax target by Rs150 billion
- 23-Oct-2025
ISLAMABAD: The International Monetary Fund (IMF) has agreed to reduce Pakistan’s tax collection target by Rs150 billion, ARY News reported on Thursday, citing official sources. According to the sources, Pakistan successfully persuaded the IMF to lower the target in light of the economic losses caused by recent floods. Under the revised agreement, the Federal Board […]
IMF rejects energy ministry’s marginal energy package for industries
- 24-Jul-2025
ISLAMABAD: The IMF has turned down marginal energy package for industries proposed by the Ministry of Energy, sources said. The International Monetary Fund (IMF) objected over the energy ministry’s proposal of providing 8,000-megawatt surplus electricity on cheaper rate to industries. The officials of the energy ministry failed to convince the IMF on the marginal energy […]
IMF ‘urges’ Pakistan to expedite privatization of state enterprises
- 21-May-2025
ISLAMABAD: The International Monetary Fund (IMF) pressed Pakistan to expedite the privatization of state-owned enterprises as part of ongoing budget negotiations for the 2025-26 fiscal year, ARY News reported citing sources. According to sources, the discussions, now in their final phase, focused on privatization and rightsizing strategies to align with the IMF’s $7 billion loan […]
IMF, Pakistan set key targets for budget 2025-26
- 18-May-2025
ISLAMABAD: Pakistan’s federal budget 2025-26 is estimated to surpass PKR 17.6 trillion, with the Federal Board of Revenue (FBR) tasked with collecting PKR 14,307 billion in tax revenue, ARY News reported. According to official documents, negotiations between Pakistan and the International Monetary Fund (IMF) have progressed, with key fiscal targets agreed upon. The FBR’s revenue […]
IMF ‘demands’ Pakistan to phase out federal funding for provincial development projects
- 17-May-2025
ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan to gradually phase out federal funding for provincial development projects under the Public Sector Development Programme (PSDP), ARY News reported citing sources. According to sources, the IMF made this demand during virtual discussions with provincial governments, focusing on expenditure plans for the 2025-26 fiscal budget, with […]
IMF hints at rise in Pakistan’s inflation
- 23-Apr-2025
ISLAMABAD: The International Monetary Fund has released its economic outlook for Pakistan for April 2025, projecting a GDP growth rate of 2.6% for the current fiscal year, ARY News reported quoting IMF. According to IMF outlook report, this falls short of Pakistan’s ambitious target of 3.5% economic growth set for the same period. The IMF […]
IMF wants ‘end’ of provincial funding by centre in Pakistan
- 22-Apr-2025
ISLAMABAD: The International Monetary Fund (IMF) has demanded Pakistan to exclude provincial development projects from the federal development budget, ARY News reported citing sources. According to sources, the international money lender has urged the federal government to cease funding matters devolved to provinces under the 18th Constitutional Amendment. Sources revealed that the IMF’s directive has […]