A $1 billion tranche was released immediately after the first review of Pakistan’s $7 billion Extended Fund Facility (EFF) was approved by the International Monetary Fund’s (IMF) Executive Board, which met in Washington, D.C.
The decision comes after the IMF and Pakistani authorities achieved a staff-level agreement on March 25, 2025.
A new 28-month Resilience and Sustainability Facility (RSF) agreement for Pakistan was also approved by the IMF in addition to the EFF, providing access to almost $1.3 billion for climate resilience projects.
