The Executive Board of the International Monetary Fund (IMF) is set to convene on Monday, where Pakistan is expected to secure around $1.2 billion in financing, according to official information released ahead of the meeting.
The IMF’s board calendar for December 8–14 confirms that Pakistan’s programme review is on the agenda. The board will assess the staff-level agreement reached with Islamabad following recent discussions.
According to the Fund, directors may approve the disbursement of approximately $1 billion under the existing loan programme. Pakistan is also likely to receive an additional $200 million as the first tranche of the Resilience and Sustainability Facility (RSF), which supports climate-focused reforms. The final decision will be subject to the board’s deliberations.
Earlier reports indicated that Pakistan had accepted a key IMF condition requiring a special audit of supplementary grants issued over the past decade. Officials said the government has also agreed to restrict the federal administration’s discretionary powers in issuing supplementary grants.
The 10-day technical talks between Pakistan and the IMF, which began on November 11, have now concluded. Discussions centred on reforms in public financial management (PFM) and efforts to improve transparency within the budget system. Sources added that the digital Public Finance Management Assessment was reviewed, along with oversight mechanisms for implementing the digitised PFM master plan.