ISLAMABAD On Wednesday, a team from the International Monetary Fund’s (IMF) Resilience and Sustainability Facility (RSF) examined the planning procedure for project selection and evaluation throughout Pakistan’s federating units.
In addition to the $7 billion Extended Fund Facility (EFF) that Islamabad obtained last summer as part of an economic recovery plan, the RSF delegation is in Pakistan to talk about approximately $1 billion in climate money.
The IMF’s Resilience and Sustainability Trust (RST), established in 2022 to offer long-term concessional funding for climate-related expenditures including adaptation and the switch to cleaner energy, will be the vehicle for that payout.
