Pakistan, IMF to begin talks on $1bln loan tranche on September 25

Pakistan and the International Monetary Fund (IMF) are set to begin negotiations for the release of the next $1 billion loan tranche under the Extended Fund Facility (EFF) later this month.

According to sources in the Ministry of Finance, the IMF delegation is scheduled to visit Pakistan on September 25 to initiate discussions on the second economic review. 

The preparations for the talks are underway as the Ministry of Finance finalizing economic data which will be shared with the IMF.

Sources said that successful completion of the review will pave the way for the IMF Board’s approval, following which Pakistan is expected to receive the $1 billion tranche. 

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The upcoming visit is part of the 37-month, $7 billion EFF program, which was agreed upon in September 2024.

Under this program, Pakistan has already received over $2 billion in two installments.