ISLAMABAD: The Pakistan IMF review will begin on Wednesday, September 23, as an International Monetary Fund mission assesses performance under the $7 billion Extended Fund Facility and $1.4 billion climate facility.
The mission, led by IMF Pakistan Mission Chief Iva Petrova, is expected to last about two weeks and conduct the fourth review of the EFF and the third review of the Resilience and Sustainability Facility (RSF). The assessment covers programme performance through June 30, 2026.
Pakistan is expected to brief the IMF on fiscal and structural targets, energy-sector reforms and progress on programme benchmarks. Revenue performance, including the Federal Board of Revenue’s half-yearly collection benchmark, will also form part of the discussions.
The IMF’s official programme schedule allocates SDR 760 million to the fourth EFF review. Reporting ahead of the mission says successful completion could provide about $1 billion under the EFF and another $200 million under the RSF, subject to staff-level agreement and subsequent IMF Executive Board approval.
Read: Pakistan IMF Review Set for Fourth EFF Talks on Sept 22
The talks are also expected to examine energy-sector viability, fiscal performance and structural reforms. Pakistan’s previous IMF review, completed by the Executive Board on May 8, released about $1.1 billion under the EFF and $220 million under the RSF, taking combined disbursements under the two arrangements to about $4.8 billion.
Pakistan’s 37-month EFF was approved on September 25, 2024. The IMF’s published schedule confirms that the September 2026 assessment is the fourth review, not the fifth.
