Archive · 2 Jun 2025

Pakistan Receives $1.02 Billion from IMF Under Extended Fund Facility

Pakistan Receives $1.02 Billion from IMF Under Extended Fund Facility

Pakistan received $1.02 billion from the International Monetary Fund (IMF) as part of a larger loan program.

This money is to help Pakistan with its finances.

The IMF also approved an additional $1.4 billion for climate-related projects.

This is part of a bigger plan to give Pakistan $7 billion over three years.

Pakistan has already received $2.1 billion in total from this program.

India abstained from voting, expressing concerns about Pakistan's financial history.

Despite India's reservations, the IMF stated Pakistan is showing improvement by managing its finances well.

The money will help increase Pakistan's foreign exchange reserves.

Sources