IMF Board Meets Today to Approve Pakistan’s $1.2 Billion Loan Tranche
The International Monetary Fund (IMF) Executive Board is scheduled to meet today to approve a **$1.2 billion** disbursement for Pakistan.
Under the Extended Fund Facility (EFF), Pakistan is expected to receive **$1 billion**, while an additional **$200 million** is set to be approved for climate resilience and sustainable development initiatives.
A key IMF condition required Pakistan to release its **corruption and governance diagnostic report** before the Board meeting—something Pakistan has now fulfilled.
The upcoming Board decision follows the **staff-level agreement** reached between Pakistan and the IMF in October after negotiations held from September 24 to October 8 in Karachi, Islamabad, and Washington. These talks reviewed Pakistan’s fiscal performance, financial policies, structural reforms, and climate-related actions.
The IMF mission had earlier expressed satisfaction with Pakistan’s economic progress. In its report, the Fund also praised the State Bank of Pakistan’s **tight monetary policy**, recommending that it remain in place moving forward.
