Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement for the disbursement of approximately $1.2 billion under two separate arrangements.
The two sides successfully concluded the third review of the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF), the IMF said.
IMF mission chief Iva Petrova said, subject to IMF board approval, Pakistan will have access to about $1.0 billion under the EFF and about $210 million under the RSF.
Pakistan authorities remain committed to pursuing sound and prudent macroeconomic policies to preserve recent gains in macro-financial stabilisation, while deepening structural reforms to accelerate growth and strengthening social protection.
