IMF

Pakistan Receives $1.3 Billion from IMF, Boosts Forex Reserves

Pakistan has received $1.3 billion from the International Monetary Fund, providing a significant boost to the country’s foreign exchange reserves.

The State Bank of Pakistan confirmed the inflow, stating that the funds were transferred under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs.

According to the central bank, the IMF Executive Board approved this tranche on May 8 as part of the third review of Pakistan’s economic reform program.

The approval includes 760 million Special Drawing Rights (SDRs), along with an additional 154 million SDRs under the RSF program.

In total, Pakistan has received 914 million SDRs, which will be reflected in the country’s foreign exchange reserves rather than converted into local currency.

The funds are expected to appear in the reserves data for the week ending May 15, 2026, offering much-needed support to the country’s financial stability.

Under the ongoing IMF program initiated in September 2024, Pakistan has so far received a total of $4.6 billion, helping stabilize its economy amid ongoing fiscal challenges.

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