Pakistan is in talks with the IMF on a possible policy to follow

Pakistan is currently in discussions with the International Monetary Fund IMF on a possible follow-up on its existing nine-month $3 trillion facility through a plan announced through IMF chief Kristalina Georgieva. Georgieva said that while Pakistan is nearing the end of its current arrangement with the IMF and witnessing some turnaround in its economy, there are still significant challenges to be addressed.

Speaking at an event at the Atlantic Council, think Tank Georgieva acknowledged that Pakistan’s economy is showing signs of improvement in reserve accumulation. However, he pointed out the key problems that Pakistan needs to tackle including ensuring contributions from the wealthier sections of society, properly directing public finances and ensuring transparency and expanding taxation.

Recently, Pakistan and the IMF entered into a staffing agreement on the second and final review of the implementation of the $3 billion standby facility. If approved by the IMF board, $1.1 Billion is expected to be released to Pakistan. While the exact Date has not been Confirmed with the Help of a Spokesperson the IMF Board is Scheduled to review the Matter by the end of April.

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Both Pakistan and the IMF have Expressed interest in Negotiating a long term Bailout Arrangement. This will include a Continuation of important Structural Reforms aimed at Reducing Deficits and Strengthening Reserves and meeting increased Sovereign Debt Obligations


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This Development underlines the ongoing Partnership between Pakistan and the IMF in addressing Economic challenges and Leading to Reforms for the Country’s Economic Stability. As Pakistan joins the Talks

Pakistan’s Dialogue with the IMF for a Follow up Programme Reflects its Dedication to Economic Reform. This Partnership is Special for Enhancing Financial Stability