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IMF releases $1.2 billion to Pakistan after loan review

Funds deposited in SBP reserves, offering short-term relief as Islamabad pushes ahead with fiscal and structural reforms

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Haris Zamir

Business Editor

Experience of almost 33 years where started the journey of financial journalism from Business Recorder in 1992. From 2006 onwards attached with Television Media worked at Sun Tv, Dawn Tv, Geo Tv and Dunya Tv. During the period also worked as a stringer for Bloomberg for seven years and Dow Jones for five years. Also wrote articles for several highly acclaimed periodicals like the Newsline, Pakistan Gulf Economist and Money Matters (The News publications)

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IMF releases $1.2 billion to Pakistan after loan review
The International Monetary Fund (IMF) headquarters building is seen in Washington.
Reuters/File

The International Monetary Fund has transferred $1.2 billion to Pakistan’s central bank, the latest disbursement under the country’s loan program, according to officials in the Ministry of Finance.

The funds were deposited into Account No. 1 of the State Bank of Pakistan, the officials said. The IMF had approved the disbursement on Dec. 8 following its review of Pakistan’s economic reforms and fiscal measures.

The inflow is expected to strengthen Pakistan’s foreign exchange reserves and provide short-term relief for an economy struggling with external financing pressures, high inflation and slow growth.

Pakistan has relied heavily on IMF support in recent years to stabilize its economy. The country’s ongoing program requires Islamabad to implement policy reforms, including tighter fiscal discipline, reduced energy subsidies and steps to increase revenue collection.

Economists say the latest tranche will offer breathing room but emphasize that Pakistan must continue structural reforms to secure long-term economic stability.

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