Economy tracker
IMF & Pakistan
Follow Pakistan’s IMF programme, reviews, financing decisions and the policy changes shaping the country’s economy.
The reporting trail
Page 5 of 6
Pakistan / Business & FinanceIMF staff end Pakistan visit with FY2027 budget talks open
An IMF mission led by Iva Petrova ended a 13-20 May staff visit to Islamabad, discussing the FY2027 budget, EFF and RSF reforms and a 2pc primary surplus.
Pakistan / Business & FinanceIMF executive board approves $1.2 billion in loan tranches for Pakistan
The IMF's executive board approved $1.2 billion for Pakistan, including $1 billion under the Extended Fund Facility and $200 million under its climate facility.
Pakistan / Business & FinanceIMF board to weigh $1.2 billion Pakistan tranche on 8 May
The IMF Executive Board will meet on 8 May 2026 to consider a $1.2 billion disbursement for Pakistan under its $7 billion bailout and climate facilities.
Pakistan / Business & FinancePakistan warns Middle East war will slow growth this year and next
Planning Minister Ahsan Iqbal said the Middle East war, higher oil prices, inflation and cuts in development spending will slow Pakistan's growth this year and next.
Pakistan / Business & FinancePakistan, Saudi Arabia sign agreement to extend $3bn SBP deposit
Pakistan and the Saudi Fund for Development on 17 April 2026 signed an agreement extending a $3bn deposit at the State Bank; SBP Governor Jameel Ahmed signed for Pakistan.
Pakistan / Business & FinanceFitch affirms Pakistan's credit rating at 'B-', stable outlook despite Gulf energy shock
Fitch held Pakistan's B- rating with a stable outlook on 13 April 2026, citing IMF progress and rebuilt forex buffers.
Pakistan / Business & FinancePakistan repays $1.3bn Eurobond on schedule as $3.5bn UAE repayment looms
Pakistan repaid a $1.3 billion Eurobond maturing on 8 April 2026 plus $126 million in coupons, the finance adviser said, while a $3.5 billion UAE repayment approaches.
Pakistan / Business & FinancePakistan to repay $3.5bn UAE debt this month as April obligations hit $4.8bn
Pakistan will return its entire $3.5 billion debt to the United Arab Emirates this month in three instalments, officials said, bringing April external debt service to $4.8bn.
Pakistan / Politics & GovernancePakistan rolls out free public transport and fuel subsidies after petrol, diesel price shock
Islamabad and Punjab make state-run buses free for 30 days and announce targeted subsidies after fuel prices jumped sharply on the Iran war.
Pakistan / Business & FinanceIMF, Pakistan sign staff-level agreement unlocking $1.2bn tranche
On 28 March 2026 the IMF announced a staff-level agreement unlocking $1.2bn for Pakistan under the EFF and RSF, with tacit backing for Islamabad's fuel subsidy.
Pakistan / Business & FinanceIMF, Pakistan talks on $7bn facility continue after staff-level agreement slips
The IMF’s 11 March end-of-mission statement said its team could not reach a staff-level agreement on Pakistan’s third EFF review despite progress, with talks to resume.
Pakistan / Business & FinancePakistan asks Saudi Arabia to expand oil facility and roll over $5bn
Pakistan has asked Saudi Arabia to raise its deferred-payment oil facility to $5bn and convert a $5bn State Bank deposit into a 10-year facility, Geo News reported.