IMF to review Pakistan’s $1.2 bn loan, climate financing package tomorrow
Second loan programme review and first climate financing assessment go before IMF board: Pakistan may receive one billion dollars in loans and two hundred million for climate projects
The International Monetary Fund’s (IMF) Executive Board is scheduled to meet tomorrow to review Pakistan’s progress under its ongoing financial arrangements, including the second assessment of the loan programme and the first evaluation of climate financing commitments.
According to the 24NewsHD TV channel, officials familiar with the process indicate that Pakistan is likely to secure approval for a combined financing package worth 1.2 billion dollars.
According to the expected breakdown, Pakistan will receive 1 billion dollars under the standard loan programme, while an additional 200 million dollars will be disbursed through the IMF’s climate financing initiative.
The combined support is intended to bolster Pakistan’s fragile external position, support reform measures and strengthen climate resilience efforts.
The government has expressed confidence in meeting the IMF’s conditions, maintaining that key benchmarks have already been fulfilled ahead of the board’s consideration.
A final decision will be announced following the IMF Executive Board’s deliberations tomorrow.
Reporter: Waqas Azeem