ISLAMABAD: Pakistan has successfully received a $1.2 billion disbursement from the International Monetary Fund (IMF). Officials have confirmed the funds have been deposited into the State Bank of Pakistan (SBP), following the Executive Board’s approval earlier this week.
This disbursement keeps Pakistan’s IMF program firmly on track as the country works toward economic stabilization.
The IMF’s Executive Board granted approval on December 8, releasing the latest tranche after conducting a thorough review of Pakistan’s loan program.
Earlier, the IMF acknowledged progress in implementing reforms and confirmed its approval for Pakistan’s loan assessment, enabling the $1.2 billion release. The Fund highlighted that Pakistan has demonstrated “continued progress” in efforts to stabilize its economy, bolstered by ongoing reform initiatives.
In response, Prime Minister Shehbaz Sharif’s office welcomed the IMF’s decision, describing it as an acknowledgment of effective reform efforts. The statement emphasized that Pakistan had successfully avoided default and outlined the next challenge: transforming this “hard-won stability” into broader economic opportunities.
