Archive · 30 Sep 2025
IMF, Pakistan Begin Loan Review Talks, Refinery Policy Discussed
The IMF and Pakistan are meeting to review a $7 billion loan and another $1.1 billion program.
They're checking how Pakistan is doing with the loan, focusing on the period up to June 2025, and upcoming December 2025 targets.
Pakistan's tax collection has fallen short.
The IMF will also discuss future goals, and also talk about upgrading oil refineries to meet environmental standards to attract new investment.
The IMF wants to make sure Pakistan is staying on track and to suggest ways to help them succeed.
An IMF mission met with Pakistan's economic team to review a $7 billion loan and $1.1 billion facility.
The review covers program performance up to end-June 2025 and upcoming December 2025 targets.
Revenue collection fell short by approximately Rs 1.2 trillion in the last fiscal year.
The mission will discuss faster implementation of the end-December 2025 targets.
Pakistan is discussing the implementation of a refinery policy with the IMF.
- Who
- IMF mission and Pakistani economic team
- What
- Held talks to review the implementation of a $7 billion loan and a $1.1 billion facility.
- When
- Talks began on Monday
- Where
- Pakistan
- Why
- To assess progress on loan implementation and discuss targets.
Pakistan's Perspective
IMF's Perspective
Refinery Policy Implementation
Pakistan's Perspective
Pakistan is seeking the implementation of a long-delayed brownfield petroleum refinery policy.
IMF's Perspective
The IMF is reviewing the implementation of the policy.
- Loan Programs Under Review
- USD 7 billion EFF, USD 1.1 billion RSF
- Review Period
- Performance up to end-June 2025; Targets for end-December 2025
- Key Participants
- IMF Mission, Finance Minister Muhammad Aurangzeb
- Revenue Shortfall
- Approximately Rs 1.2 trillion in the last fiscal year
- Refinery Policy
- Brownfield petroleum refinery policy implementation discussed
