Business Desk 
Oct 09, 2025
Pakistan and the International Monetary Fund (IMF) have made significant strides toward securing a new staff-level agreement after successfully concluding a series of meetings on the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), the development lender said in a statement on Tuesday.
Notably, Pakistan's economic reforms and fiscal performance were reviewed by an IMF team headed by Iva Petrova, who toured Karachi and Islamabad till Wednesday.
According to the IMF's end-of-mission statement, both parties are engaged in fulfilling the second review under the 37-month Extended Fund Facility and the first review under the 28-month Resilience and Sustainability Facility, which emphasise climate resilience and sustainability.
The IMF explained that the overall framework of Pakistan's economic programme remains on track and aligned with the reform commitments agreed to by the government.
Conversations addressed several priority areas, such as fiscal consolidation, price stability, and energy sector reform. The mission acknowledged Pakistan's steps toward maintaining price inflation within the State Bank's target range through restrained monetary policy and maintaining improvement in the energy sector through targeted tariff measures and ongoing cost rationalisation processes.
In addition, the discussion encompassed structural reform efforts to enhance governance, transparency, and primarily the encouragement of private sector engagement.
The IMF also acknowledged Pakistan’s steps to enhance climate resilience under the RSF programme.
