IMF funding approval for Pakistan during Executive Board meeting

IMF loan approval has brought $1.29 billion in financial support for Pakistan after the International Monetary Fund’s Executive Board formally approved the funding package during a meeting in Washington. The approval also includes the release of another loan installment under Pakistan’s ongoing economic support program.

According to reports, the IMF Executive Board reviewed Pakistan’s economic program and approved both the funding package and related disbursements under existing financial arrangements.

💰 IMF Approves $1.29 Billion for Pakistan

The International Monetary Fund approved a total financial package of $1.29 billion for Pakistan during the Executive Board meeting held in Washington.

Officials said the approval is part of Pakistan’s ongoing cooperation with the IMF under its current multi-year economic reform and financial stabilization program.

📊 Loan Installment Also Approved

Alongside the overall package, the Executive Board also approved the release of a $1.09 billion installment for Pakistan.

According to reports, the approved amount is expected to be transferred to the State Bank of Pakistan shortly after the formal approval process.

🌱 Climate Fund Installment Included

The meeting also approved the first installment of $200 million under the Resilience and Sustainability Facility (RSF) related to climate change initiatives.

The RSF funding program is aimed at supporting climate resilience, environmental reforms, and sustainable economic planning in vulnerable economies.

🏦 Pakistan Joined Current IMF Program in 2024

Pakistan entered the current 37-month IMF loan program in September 2024 as part of efforts to stabilize the economy and strengthen financial management.

Under the Extended Fund Facility (EFF) program, Pakistan had already received the first installment of $1 billion in September 2024.

📅 Previous IMF Installments Released Earlier

Reports stated that the second installment under the EFF program worth $1 billion was released in May 2025.

The latest approval now adds another major financial injection aimed at supporting Pakistan’s foreign exchange reserves and broader economic framework.

📈 Financial Support Expected to Strengthen Economy

Economic analysts believe IMF support plays an important role in maintaining investor confidence and supporting macroeconomic stability.

Officials continue emphasizing reforms related to taxation, energy, fiscal management, and climate resilience under the IMF-backed framework.

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