Pakistan has received a second section of $ 1,023 billion, equivalent to 760 million in Special Drawing Rights (SDR), of the International Monetary Fund (IMF) under its extended fund (EFF), the State Bank of Pakistan (SBP) announced Wednesday.
According to the Central Bank, the entrance will be reflected in the country’s foreign exchange reserves for the week ending on May 16.
#SBP He has received the second section of SDR 760 million (US $ 1,023 million) of the IMF under the EFF program. The amount will be reflected in the SBP currency reserves for the week ending on May 16, 2025. pic.twitter.com/vjgxed10nl
– SBP (@statebank_pak) May 14, 2025
The disbursement follows the end of the first review of the IMF Executive Board of the first review of the ongoing economic reform program of Pakistan, which is based on the EFF agreement agreed in 2024.
With the last transfer, total disbursements under the program are now at approximately $ 2.1 billion (SDR 1.52 billion).
In the same session, the IMF Board also approved Pakistan’s request for an agreement under the resilience and sustainability center (RSF), giving access to around $ 1.4 billion (SDR 1 billion).
RSF is intended to support countries that face climate vulnerabilities and natural disasters by strengthening long -term macroeconomic stability and resilience.
The broader EFF program, originally agreed at the personnel level in July 2024, totaling SDR 5.32 billion, approximately $ 7 billion. It was formally approved by the IMF Executive Board in September of that year.
Analysts consider that the IMF program is critical for Pakistan’s economic perspectives, offering not only a buffer for the country’s exhaustion reserves, but also a framework for structural reform.
Disbursements are expected to relieve the pressure on the balance of Pakistan payments and strengthen investors confidence.
