The International Monetary Fund (IMF) has welcomed Pakistan’s economic reform progress, saying policy measures under the IMF-supported program have helped stabilise the economy, contain inflation and rebuild investor confidence.
An IMF spokesperson confirmed that a staff team will visit Pakistan from February 25 to begin discussions on the third review of the Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF).
According to the IMF, Pakistan’s fiscal performance remained strong, with a primary fiscal surplus of 1.3% of GDP in the fiscal year 2025, aligning with programme targets. The economy also recorded its first current account surplus in 14 years, and headline inflation has stayed relatively contained.
The Washington-based lender noted the recent Governance and Corruption Diagnostic Report, which includes proposals to simplify tax policy, improve public procurement fairness, and enhance transparency in asset declarations.
Last December, the IMF Executive Board approved a $1.2 billion loan for Pakistan after completing the second review of its economic reform programme under the EFF.
Ahead of the upcoming mission, the Pakistani government has prepared a detailed 15-point action plan addressing corruption risks, reform implementation, and institutional strengthening to support IMF review objectives.
The IMF mission’s visit is expected to last about two weeks, during which officials will assess economic performance and progress on fiscal, monetary, and structural benchmarks set under the EFF and RSF arrangements.