The executive board of the International Monetary Fund (IMF) on Friday approved a $1.2 billion loan tranche for Pakistan. This includes $1 billion under the Extended Fund Facility (EFF) and $200 million under the Resilience and Sustainability Facility (RSF).
Total IMF Disbursements
With this approval, Pakistan has so far received $4.5 billion from the IMF under two separate debt packages totaling $8.4 billion. The inflows are expected to be disbursed next week, boosting the country's foreign exchange reserves held by the State Bank of Pakistan to $17 billion.
Foreign Reserves Position
As of April 30, 2026, Pakistan's total liquid foreign reserves stood at $21.293 billion. The breakdown is as follows: foreign reserves held by the State Bank of Pakistan are $15.850 billion, while net foreign reserves held by commercial banks amount to $5.442 billion.
Staff-Level Agreement
A staff-level agreement was reached on March 27 between IMF staff, led by Iva Petrova, and Pakistani authorities after detailed policy discussions held in Karachi and Islamabad from February 25 to March 2, followed by virtual engagements.
In other news, petrol and diesel prices have hit Rs415 per litre.
