KARACHI: Pakistan has received a major financial infusion as the International Monetary Fund (IMF) transferred $1.2 billion, the State Bank of Pakistan announced on Thursday.
The disbursement arrives at a crucial moment for the economy and reflects progress within Pakistan’s broader stabilization efforts.
In its statement, the State Bank confirmed that the IMF released $1 billion under the Extended Fund Facility (EFF), accompanied by an additional $200 million under the Resilience and Sustainability Facility (RSF).
The central bank emphasized that the RSF allocation is specifically intended to support Pakistan’s initiatives aimed at confronting climate change, strengthening long-term environmental stability, and improving resilience against climate-driven risks.
The IMF had earlier approved a total of $7 billion for Pakistan under the EFF, while also granting financing under the RSF to help the country undertake climate-related reforms.
The latest transfer serves as an important tranche for Pakistan as it advances its economic stabilization agenda, implements fiscal adjustments, and addresses structural challenges identified in successive IMF reviews.
According to the central bank, the $200 million climate-related disbursement will assist Pakistan in managing escalating environmental vulnerabilities and responding effectively to the increasing frequency of extreme weather events.
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