The International Monetary Fund (IMF) said on Wednesday that it had reached a staff-level agreement (SLA) with Pakistan on its loan programmes, which would allow the country to access $1.2 billion after approval from the fund’s board.
If approved, the IMF will provide Pakistan $1bn under its Extended Fund Facility (EFF) and $200 million under its Resilience and Sustainability Facility (RSF), bringing total disbursements under the two arrangements to about $3.3bn.
Last week, an IMF mission led by Iva Petrova had concluded talks with Pakistani authorities on the second review of the EFF — agreed in 2024 to shore up the economy after a severe financial crisis — and the first one for the RSF climate loan.
