KARACHI: An International Monetary Fund (IMF) mission has arrived in Pakistan to hold the second review of its $7 billion External Fund Facility (EFF) and first review of the $1.4 billion Resilience and Sustainability Facility (RSF) loan programs for the country, an official of the global lender confirmed on Thursday.
The IMF approved a $7 billion bailout package for Pakistan under its EFF program in September last year. In May 2025, it approved a separate $1.4 billion loan to Pakistan under its climate resilience fund. The RSF will support Pakistan’s efforts in building economic resilience to climate vulnerabilities and natural disasters.
The mission arrives in Pakistan a day after Prime Minister Shehbaz Sharif met the fund’s Managing Director Kristalina Georgieva in New York on the sidelines of the ongoing United Nations’ General Assembly session. During the meeting on Wednesday, Sharif spoke about Pakistan’s progress in fulfilling the IMF program targets but also demanded that the impact of recent floods on Pakistan’s economy “must be factored into the IMF’s review.”
“[The IMF mission will] hold discussions on the second review under the Extended Fund Facility and the first review of the Resilience and Sustainability Facility,” Mahir Binici, the IMF’s resident representative to Pakistan, told Arab News.
