Overview
- IMF staff and Pakistan reached the agreement Saturday after the third review of a loan program and the second review of a climate-linked facility.
- The deal would give Pakistan access to about $1.0 billion from the Extended Fund Facility and around $210 million from the Resilience and Sustainability Facility, lifting total draws to roughly $4.5 billion.
- The IMF said recent policies have steadied the economy, yet it warned that Middle East tensions and higher energy costs could raise inflation, and it noted the central bank kept its key rate at 10.5 percent this month.
- A draft policy blueprint sent to Islamabad sets new targets for revenue and reforms, including a proposed tax goal of Rs15.08 trillion for next year and faster fuel price resets to track global markets.
- Officials are still hashing out how to cut a reported Rs3,180 billion gas-sector debt, with a plan under discussion to settle about Rs1,700 billion and a possible Rs3–5 hike in the petroleum levy not yet agreed with the Fund.