Pakistan has been vying to get debt relief and the recent $1.4 billion RFI disbursement is additional to the $6 billion EFF to help Pakistan’s immediate efforts to COVID-19. The IMF remains closely engaged with the Pakistani authorities to bring the second review to the IMF Board as soon as possible.
The IMF Pakistan announced on its Twitter account that Extended Funded Facility remains in place.“As the crisis abates, the authorities’ renewed commitment to the reforms in the existing Extended Fund Facility—in particular those related to fiscal consolidation strategy, energy sector, governance, and remaining AML/CFT deficiencies—will be crucial to entrench resilience, boost Pakistan’s growth potential, and deliver broad-based benefits for all Pakistanis.”, stated Mr. Geoffrey Okamoto, First Deputy Managing Director and Acting Chair while approving additional funding under RFI.
He further stated, “Expeditious donor support is needed to close the remaining balance of payments gap and ease the adjustment burden.”
When Abbas Araghchi faced reporters in New Delhi on Friday, his message was unremarkable by…
When Abu Dhabi dropped its geopolitical bombshell in late April 2026, formally exiting OPEC after…
The shuttering of Wycombe Abbey School Nanjing is not simply a commercial setback for one…
A Company Dies. A Crisis Lives On. On April 29, 2026, a federal judge in…
SHENZHEN, the pulsing heart of China’s industrial machine, sitting across from one of the country’s…
In markets, narratives can matter as much as hard data. Investors make decisions based on…