The State Bank of Pakistan on Wednesday confirmed it has received around $1.3 billion from the International Monetary Fund following the completion of the latest review of Pakistan’s economic reform programme.
In a statement posted on X, the central bank said the IMF Executive Board, at its May 8 meeting, approved the release of SDR 760 million under the Extended Fund Facility (EFF), together with a second tranche of SDR 154 million under the Resilience and Sustainability Facility (RSF).
According to the SBP, the total inflow amounts to SDR 914 million, equivalent to nearly $1.3 billion, which was transferred on May 12. The central bank added that the funds will be reflected in Pakistan’s foreign exchange reserves for the week ending May 15.
Last week, the IMF approved the third review of Pakistan’s reform agenda, clearing the way for this latest disbursement. The release includes approximately $1.1 billion under the EFF and nearly $220 million through the RSF, bringing total disbursements under both programmes to around $4.8 billion.
While acknowledging improvements in Pakistan’s economic indicators, the IMF cautioned that the country remains vulnerable to external risks, particularly due to instability linked to the ongoing conflict in the Middle East.