The International Monetary Fund (IMF) included Pakistan on its Executive Board agenda on December 08, 2025, according to its updated website.
The Executive Board is set to deliberate final approval for the release of the next $1.2 billion tranche, covering the second review of the Extended Fund Facility (EFF) and the first review of the Resilience and Sustainability Facility (RSF).
Last month, the IMF team reached a staff-level agreement (SLA) with the Pakistani authorities in Washington DC. The SLA was signed after the IMF’s second review of the economy under EFF.
Upon the IMF’s Board approval, Pakistan will receive disbursement of $1 billion (SDR 760 million) under the Extended Fund Facility and about $200 million (SDR 154 million) under the Resilience Sustainable Fund, bringing total disbursements so far under the two arrangements to about $3.3 billion.
The board approval, which is typically a formality after the staff-level agreement, had earlier sparked debate.
Earlier, Finance Minister Muhammad Aurangzeb said the IMF Executive Board was expected to approve the next tranche for Pakistan in “early” December.
“The IMF is expected to approve the next tranche by early December,” Aurangzeb said while speaking at the 9th Edition of The Future Summit titled ‘Course Correction: Redefining The Direction’.
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