Pakistan received a second bran of $ 1.023 billion, which is equivalent to 760 million special drawing rights (SDR), from the International Monetary Fund (IMF) under its extended funds (EFF), the Bank of Pakistan (SBP) announced on Wednesday.
According to the central bank, the influx will be reflected in the country’s exchange reserves for the week ending on May 16.
#Sbp received the second tranche of 760 million SDR (1,023 million US dollars) from the IMF as part of the EFF program. The amount will be reflected in the SBP exchange reserves for the week ending on May 16, 2025. pic.twitter.com/vjgxed10nl
– SBP (@statebank_pak) May 14, 2025
The disbursement follows the completion by the executive council of the IMF of the first examination of the current economic reform program in Pakistan, which is supported by the GERC agreement agreed in 2024.
With the latest transfer, total disbursements as part of the program now amount to around 2.1 billion dollars (SDR 1.52 billion).
During the same session, the IMF board of directors also approved Pakistan’s request for an arrangement under the installation of resilience and sustainability (RSF), granting access to around 1.4 billion dollars (1 billion SDR).
The RSF is intended to support the countries faced by climatic vulnerabilities and natural disasters by strengthening long -term macroeconomic stability and resilience.
The broader EFF program, initially agreed at the staff level in July 2024, totaled the SDR of 5.32 billion – about 7 billion dollars. It was officially approved by the IMF board of directors in September of the same year.
Analysts consider the IMF program as essential to the economic prospects of Pakistan, offering not only a stamp for the exhausting reserves of the country, but also a framework of structural reform.
Opens should reduce pressure on Pakistan payments and strengthen investor confidence.
