A three-member International Monetary Fund (IMF) mission is currently in Pakistan, conducting an assessment under the Extended Fund Facility (EFF) programme. The US$7-billion bailout, initiated to stabilize the country's economy, is undergoing its first review set for early March. The government and central bank have expressed confidence in meeting the IMF's targets, which are vital to Pakistan's economic recovery efforts.
The IMF programme has been instrumental in stabilizing Pakistan's economy, providing a much-needed stabilisation package that has set the nation on a path towards long-term recovery. Prime Minister Shehbaz Sharif recently met with Kristalina Georgieva, the IMF's Managing Director, during the World Government Summit 2025 in Dubai. Their discussions focused on the macroeconomic stability achieved through the government's comprehensive reform agenda under the IMF programme.
Despite struggles, Pakistan's government remains committed to adopting necessary structural reforms and maintaining fiscal discipline as stipulated by the IMF. This commitment is integral to the nation's economic strategy and plays a crucial role in achieving the targets laid out by the IMF. The upcoming review by the IMF is considered a key milestone in Pakistan's journey toward economic stability.
The government's confidence in meeting these targets ahead of the IMF review underscores its dedication to navigating the country's economic challenges. The programme has been pivotal in providing a framework for economic reforms, which are necessary for driving long-term growth and stability.
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