The State Bank of Pakistan (SBP) announced on Wednesday that it has received nearly $1.3 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF).
According to the central bank, “The amount would be reflected in SBP’s foreign exchange reserves for the week ending on May 15, 2026.”
Earlier this month, the IMF Executive Board cleared Pakistan’s third review under the EFF programme and the second review under the RSF arrangement, enabling the country to access approximately $1.32 billion in funding.
The approval came during an IMF Executive Board meeting held in Washington, DC on May 9.
Following the decision, Pakistan received an immediate disbursement of nearly $1.1 billion (SDR 760 million) through the EFF programme, along with around $220 million (SDR 154 million) under the RSF arrangement. With this latest release, total disbursements under both programmes have reached nearly $4.8 billion (SDR 3.348 billion).
The latest tranche follows a staff-level agreement reached on March 27 between IMF officials, led by Iva Petrova, and Pakistani authorities after extensive policy discussions conducted in Karachi and Islamabad from February 25 to March 2, followed by virtual consultations.
Pakistan’s 37-month EFF programme, approved on September 25, 2024, is aimed at strengthening economic resilience and supporting long-term sustainable growth.
