IMF expresses satisfaction with Pakistan’s economic measures

IMF mission praises Pakistan's strong implementation of $7 billion loan program, discusses new loan arrangements for economic stability.

An International Monetary Fund (IMF) mission after a key visit to Pakistan acknowledged that the country achieved a strong implementation of the $7 billion loan programme agreed upon last year, it emerged on Saturday (March 15, 2025).

The IMF delegation led by Nathan Porter visited Islamabad and Karachi from February 24 to March 14 to undertake the First Review for the 37-month extended arrangement under the Extended Fund Facility (EFF) and on discussions for an arrangement of a fresh loan under the Resilience and Sustainability Facility (RSF).

The team held discussions on the first review of Pakistan’s economic programme supported by the EFF and on a possible new arrangement under the RSF, according a statement issued by Nathan Porter at the conclusion of the visit on Friday (March 14, 2025).

He said that the IMF and the Pakistani authorities made significant progress toward reaching a Staff Level Agreement (SLA) on the first review of the EFF.

“Programme implementation has been strong, and the discussions have made considerable progress in several areas including the planned fiscal consolidation to durably reduce public debt, maintenance of sufficiently tight monetary policy to maintain low inflation, acceleration of cost-reducing reforms to improve energy sector viability, and implementation of Pakistan’s structural reform agenda to accelerate growth while strengthening social protection and rebuilding health and education spending,” he said.

Also read: Pakistan pauses rate cuts, but likely not for long

“Progress has also been made in discussions on the authorities’ climate reform agenda, which aims to reduce vulnerabilities from natural disasters-related risks, and accompanying reforms which could be supported under a possible arrangement under the Resilience and Sustainability Facility (RSF),” he added.