Pakistan holds kick-off meeting with IMF Mission

March 02, 2026 (MLN): Pakistan kicked off formal discussions with a visiting International Monetary Fund (IMF) mission, signalling a critical juncture in the country’s IMF-supported economic program.

The IMF delegation will conduct the Third Review under the Extended Fund Facility (EFF) and Second Review under the Resilience and Sustainability Facility (RSF).

Key areas of focus include fiscal performance, social spending, and implementation of structural reforms aimed at sustaining investor confidence.

Pakistan has recorded its first current account surplus in 14 years, while the primary fiscal surplus reached 1.3% of GDP in FY2025, reflecting improved fiscal management.

Inflation has remained relatively contained, and policymakers have concentrated on stabilizing the economy, supporting energy, agriculture, and manufacturing sectors, and attracting foreign investment.

IMF officials have previously noted that Pakistan must now shift from short-term stabilization to an export-led growth trajectory to translate macroeconomic gains into higher productivity, employment, and investment.

Discussions during the mission are also expected to cover revenue mobilization, governance reforms, and social protection measures.

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