The International Monetary Fund (IMF) has called an Executive Board meeting for December 8 to consider approving an immediate tranche of $1.2 billion for Pakistan. This amount will be split between two simultaneous programs: $1 billion under the Extended Fund Facility (EFF) and $200 million under the Resilience and Sustainability Facility (RSF). The disbursement is anticipated to reach Pakistan’s account on December 9, which would bring the total payments made to the country to approximately $3.3 billion.
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​A condition for the Board meeting is that Pakistan must first publish the delayed Governance and Corruption Diagnostic (GCD) Assessment Report, prepared by the IMF. This report is a crucial Structural Benchmark under the EFF program. Officials have stated that Pakistan has assured the IMF the report will be published before the Board meeting, pending the resolution of technical and factual disagreements between the parties. The comprehensive report was developed through detailed consultations between the IMF’s technical and legal teams and various Pakistani authorities, including anti-corruption agencies, the superior judiciary, and the Ministry of Finance.
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​The IMF has praised Pakistan’s performance in the fiscal and macroeconomic areas, noting achievements such as a Current Account Surplus in the current fiscal year (FY25), improvement in the fiscal balance, and the strengthening of external buffers. However, the Fund acknowledged the severe damage caused by floods, which resulted in a downward revision of the Gross Domestic Product (GDP) forecast for FY26, from 3.5% to 3.25%.