IMF Acknowledges Stability Before Key Review Talks
IMF acknowledges Pakistan’s economic stability, controlled inflation and 14-year current account surplus; review talks under EFF and RSF to begin from Feb 25 in Islamabad.
WASHINGTON-(Web Desk)-The International Monetary Fund (IMF) has noted encouraging signs of economic recovery in Pakistan, highlighting controlled inflation, improved macroeconomic stability, and a 14-year high current account surplus achieved under ongoing reform initiatives.
During a press briefing in Washington, IMF Director of Communications Julie Kozack confirmed that an IMF delegation will arrive in Islamabad on February 25 to begin crucial review talks. The mission will hold discussions with Pakistani authorities for the third review under the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF).
Pakistan Prepares 15-Point Strategy for IMF Talks
Kozack said policy steps taken under the IMF-supported programs have played a key role in stabilizing the economy, strengthening fiscal discipline, and restoring investor confidence. The upcoming review will evaluate Pakistan’s performance on agreed macroeconomic targets, structural reforms, and policy implementation benchmarks.
The IMF has also recommended further simplification and enhancement of transparency in the tax system, while emphasizing the need for greater transparency in public procurement processes to ensure sustainable governance improvements.
Highlighting fiscal performance, Kozack noted that Pakistan recorded a primary fiscal surplus of 1.3 percent of GDP in fiscal year 2025, aligning with program targets.
This reflects stronger revenue mobilization efforts and expenditure controls undertaken by the government as part of its reform commitments.
She further stated that inflation in Pakistan has remained contained, providing relief to consumers and supporting macroeconomic stability. Notably, Pakistan achieved a current account surplus in fiscal year 2025 for the first time in 14 years, marking a significant milestone for the country’s external sector performance.
National poverty rate surges to 28.8% from 2024-25
The upcoming IMF review mission is expected to play a crucial role in determining the continuation of financial support and assessing Pakistan’s adherence to agreed economic reforms, as the country seeks to consolidate gains and maintain long-term economic stability.
Comments are closed, but trackbacks and pingbacks are open.