Pakistan achieved notable advancements in numerous fields: The IMF

A statement on Pakistan and the IMF economic review negotiations has been released.

IMF Mission Chief Eva Petrova said in a statement released here on Monday that Pakistan had achieved great strides in a number of areas and that the country’s execution of the loan program’s requirements was robust.

The statement added that the parties were unable to come to a staff-level agreement at the conclusion of the negotiations.

In order to secure a staff-level consensus, it was decided to carry on with additional policy negotiations. The IMF mission highlighted the efforts to support flood victims and preserve financial discipline while expressing gratitude for the efforts to stabilize the Pakistani economy.

Discussions on shrinking government institutions and increasing transparency were held, frequent tariff adjustments and changes were agreed upon to revitalize the energy sector, and a strict fiscal strategy was advised to keep inflation within the predetermined objective.

The statement claims that initiatives to liberalize the commodity markets and economic environment were taken into consideration, and that Pakistan’s attempts to implement climate change policies were praised.

After extensive discussions on fiscal changes, financial stability, and steps to improve economic resilience, the fund said Pakistan made significant strides toward a staff-level agreement on important economic assessments.

From September 24 to October 8, 2025, an IMF team traveled to Karachi and Islamabad to discuss the first review under the Resilience and Sustainability Facility and the second review of the Extended Fund Facility (EFF).

According to officials, the discussions centered on evaluating Pakistan’s current economic reforms and the actions required to improve sustainability and fiscal stability.

In order to complete the first tranche of $400 million under the Resilience and Sustainability Facility (RSF) of $1.4 billion and the second review under the $7 billion Extended Fund Facility (EFF), Pakistan and the IMF were supposed to wrap up review negotiations on Wednesday.

The IMF has given the Cabinet’s Economic Coordination Committee (ECC) till the end of this month to approve the elimination of two schemes and the tightening of the third.