Wednesday 21 / May / 2025
Washington DC: The International Monetary Fund approved the first review of Pakistan's economic reform program under the Extended Fund Facility (EFF), enabling a disbursement of approximately USD 1 billion.
In a post on X, the IMF said, "IMF Board approved the first review of Pakistan's economic reform program under the EFF, enabling a disbursement of ~ $1 billion, reflecting strong program implementation which has contributed to continuing economic recovery."
India abstained from the recent IMF vote on approving a loan to Pakistan, not due to a lack of opposition, but because IMF rules do not permit a formal "no" vote, sources added.
The International Monetary Fund (IMF) on Wednesday reviewed the Extended Fund Facility (EFF) lending program (USD 1 billion) and also considered a fresh Resilience and Sustainability Facility (RSF) lending program (USD 1.3 billion) for Pakistan.
