The State Bank of Pakistan (SBP) has received a second installment of US$ 1.023 billion (equivalent to SDR 760 million) from the International Monetary Fund (IMF) as part of the Extended Fund Facility (EFF) program.
According to an update shared on the SBP’s official X (formerly Twitter) account, the funds will be reflected in the central bank’s foreign exchange reserves for the week ending May 16, 2025.
The transfer follows the IMF Executive Board’s approval of the first review of the EFF program on May 9. Alongside this, the Board also considered a new sustainability-focused loan of $1.3 billion, intended to support Pakistan’s climate resilience and adaptation efforts over a 28-month period. Further details regarding this climate loan are yet to be disclosed.
