Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) for a $1.2 billion loan package, offering critical support to its struggling economy.
The deal includes $1 billion under the Extended Fund Facility and $200 million through the Resilience and Sustainability Facility, pending IMF Board approval.
Islamabad has pledged to maintain fiscal discipline, strengthen monetary policy, and invest in climate resilience.
The IMF commended Pakistan’s recent reforms, calling the agreement a step toward macroeconomic stability and sustainable growth.
