An International Monetary Fund (IMF) staff team is scheduled to travel to Islamabad on February 25 to discuss Pakistan’s economic reform program under the Extended Fund Facility (EFF). The visit will involve deliberations on the third review under the EFF and the second review under the Resilience and Sustainability Facility (RSF), focusing on policy benchmarks and reform commitments.
IMF Communications Director Julie Kozack highlighted that Pakistan’s economy has been stabilized through its policy efforts under the EFF. She mentioned positive developments in key macroeconomic indicators, such as a primary fiscal surplus of 1.3% of GDP in FY 25, aligned with program targets, and the country’s first current account surplus in 14 years during FY 2025.
The IMF’s upcoming staff visit aims to evaluate Pakistan’s progress in fiscal consolidation, inflation management, external stability, and structural reforms within the program framework. Pakistan has grappled with recurring balance-of-payments challenges and high inflation, leading to reliance on IMF-supported programs to restore macroeconomic stability.
