US EditionIMF Sees Growth Ahead for Pakistan
PAKISTAN, JUL 13 – The IMF highlighted Pakistan’s progress under a $7 billion loan program and a $1.3 billion climate facility, noting continued reforms to boost economic stability and climate resilience.
- Pakistan secured a three-year $7 billion aid package with the IMF, including a $1.3 billion Resilience and Sustainability Facility arrangement, to support economic and climate reforms.
- The agreement builds on Pakistan's positive outcomes achieved through the 2024 Extended Fund Facility, aiming to enhance climate resilience amid ongoing external economic pressures.
- IMF Resident Representative Mahir Binici highlighted key RSF reforms such as public investment planning, sustainable water use, disaster preparedness, and improving climate data transparency.
- Binici highlighted that assistance via the RSF is expected to enhance Pakistan’s resilience to climate challenges, promote environmentally sustainable investment opportunities, and support the development of an economy guided by climate-aware principles despite ongoing global uncertainties.
- The IMF praised Pakistan's reforms as a step toward long-term stability and growth, while urging prudent policies amid geopolitical and trade tensions that cause economic uncertainty.
15 Articles
15 Articles
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IMF sees growth ahead for Pakistan
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IMF commends Pakistan’s strong performance under its $7b EFF
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