SBP receives $1.2bn from IMF

December 11, 2025 (MLN):  The State Bank of Pakistan (SBP) has received approximately US$ 1.2 billion from the International Monetary Fund (IMF) under its Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs.

The IMF Executive Board completed the second review of Pakistan’s EFF on December 8, 2025 thus approved a disbursement of SDR 760 million, said a press release issued.

In addition, the Board approved the first tranche of SDR 154m under the RSF.

The approval followed a staff-level agreement that Pakistan and the Fund reached in October after detailed talks in Karachi, Islamabad and later Washington under mission chief Iva Petrova.

As a result, SBP received a total of SDR 914m (around US$ 1.2bn) on December 10, 2025.

The inflow is expected to be reflected in the country’s foreign exchange reserves for the week ending December 12, 2025.

Pakistan has relied heavily on IMF support to stabilize its economy after years of sluggish growth, high inflation, and foreign exchange shortages.

The country entered into a short-term Stand-By Arrangement (SBA) with the IMF, aimed at restoring macroeconomic stability and advancing structural adjustments.

This inflow is expected to provide a much-needed boost to Pakistan’s foreign exchange reserves, ease pressure on the balance of payments, and help the country manage its external financing requirements more comfortably.

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