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Pakistan Receives $1.3 Billion IMF Inflow as SBP Strengthens Foreign Exchange Position

Irfan Shaikh by Irfan Shaikh
May 13, 2026
Pakistan Receives $1.3 Billion IMF Inflow as SBP Strengthens Foreign Exchange Position
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Islamabad: The State Bank of Pakistan (SBP) has confirmed receipt of approximately US$1.3 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF) programs.

Pakistan to End Rs140 Billion Gas Cross-Subsidy by 2027 Under IMF Commitment, Shift Toward Income-Based Relief

According to an official statement, the IMF Executive Board completed the third review under the EFF during its meeting held on May 8, 2026, approving a disbursement of SDR 760 million for Pakistan. In the same session, the Board also sanctioned the second tranche of SDR 154 million under the RSF arrangement.

Following these approvals, Pakistan received a total inflow of SDR 914 million, equivalent to around US$1.3 billion, which was credited to the State Bank on May 12, 2026.

The central bank said the amount will be reflected in Pakistan’s foreign exchange reserves for the week ending May 15, 2026, further strengthening the country’s external account position.

Officials noted that the latest IMF disbursement underscores continued international support for Pakistan’s economic stabilization program, aimed at improving fiscal discipline, enhancing macroeconomic stability, and supporting long-term reforms.

The inflow is expected to help bolster foreign exchange reserves, ease pressure on the balance of payments, and improve overall investor confidence in the country’s financial outlook.

Tags: economyEFFForexReservesIMFISLAMABADPAKISTANRSFSBP
Irfan Shaikh

Irfan Shaikh

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