Home Latest News Industry Economy & Policy Markets Gold & Money Banking & Fintech Startups Agri-Business

IMF Confirms Review of Pakistan’s $7 Billion Program By Mid-March

The International Monetary Fund’s (IMF) Resident Representative in Pakistan Mahir Binici has confirmed that a mission will visit Pakistan in early to mid-March to conduct the first review of the country’s $7 billion bailout under the lender’s Extended Fund Facility (EFF) program.

“An IMF staff team is scheduled to visit Pakistan in early to mid-March for discussions around the first review under Pakistan’s Extended Fund Facility-supported program and the authorities’ request for assistance under a Resilience and Sustainability Facility (RSF) arrangement,” the resident representative said in a statement.

The visit will also include discussions on Pakistan’s request for $1.5 billion in financial assistance under the Resilience and Sustainability Facility (RSF).

A technical team will arrive in Pakistan in late February to address technical matters related to a potential RSF arrangement.

The upcoming discussions will be crucial for Pakistan as it seeks to secure continued support and explore additional funding under the RSF framework.



Get Alerts

ProPakistani Community

Join the groups below to get latest news and updates.



>