The International Monetary Fund (IMF) executive board is scheduled to meet on May 8 to consider approving more than $1.2 billion for Pakistan under two ongoing financial programmes.
The expected disbursement includes around $1 billion under the $7 billion Extended Fund Facility and approximately $210 million through the Resilience and Sustainability Facility, following successful programme reviews. The development follows a staff-level agreement reached in March, under which Pakistan and the IMF agreed on measures aimed at strengthening public finances, maintaining macroeconomic stability and advancing structural reforms.
Officials said discussions between Islamabad and the Fund have also focused on fuel pricing adjustments, subsidy rationalisation and meeting petroleum levy targets outlined in the current fiscal framework.