ISLAMABAD – The executive board of the International Monetary Fund (IMF) on Friday approved $1.2 billion worth of loan tranches.
Pakistan would receive another $1 billion under the Extended Fund Facility and $200 million under the Resilience and Sustainability Facility. With these approval, Pakistan has so far received a $4.5 billion loan from the IMF against two separate debt packages totaling $8.4 billion.
Pakistan would receive these inflows in next week. These inflows would enhance the country’s foreign exchange reserves held by the State Bank of Pakistan to $17 billion. The total liquid foreign reserves held by the country stood at US$ 21.293 billion as of 30-Apr-2026. The break-up of the foreign reserves position is as foreign reserves held by the State Bank of Pakistan are US$15.850 billion and net foreign reserves held by commercial banks are US$5.442 billion.
A staff-level agreement reached on March 27 between IMF staff, led by Iva Petrova, and Pakistani authorities after detailed policy discussions held in Karachi and Islamabad from February 25 to March 2 and subsequently through virtual engagements.
