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Forex Reserves Near $21b After IMF Disbursement

The $1.2 billion IMF bailout supports Pakistan's macroeconomic stability and climate resilience under a 37-month Extended Fund Facility and Resilience and Sustainability Facility program.

  • On Thursday, the State Bank of Pakistan announced it received $1.2 billion from the International Monetary Fund, with funds reflecting in foreign-exchange reserves for the week ending Dec 12.
  • Following a Washington board meeting on Monday, the International Monetary Fund Executive Board approved the release after completing the second review of the Extended Fund Facility and first review of the Resilience and Sustainability Facility.
  • Under the approved terms, Pakistan may draw $1 billion under the Extended Fund Facility and $200 million under the Resilience and Sustainability Facility, with the IMF having disbursed $3.3 billion so far.
  • Recent impact assessments show the 2022 floods killed 1,700 people, displaced 8 million, and left reconstruction needs at 1.6 times the FY23 national development expenditure, while World Bank found $29.3 billion climate losses since 1992.
  • As part of a larger programme, Pakistan is in its 24th IMF programme agreed last year for $7 billion over 39 months, pairing a 37-month EFF with a climate-focused RSF.
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Digital Pakistan broke the news in on Wednesday, December 10, 2025.
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