The International Monetary Fund (IMF) has said that Pakistan’s policy efforts under its Extended Fund Facility (EFF) programme have “helped stabilise the economy and rebuild confidence” with fiscal performance described as “strong”.
Speaking at a weekly press briefing on Thursday, IMF Communications Director Julie Kozack said a staff team is expected to visit Pakistan from February 25 to hold discussions on the third review under the EFF and the second review under the Resilience and Sustainability Facility (RSF).
Kozack noted that Pakistan currently holds a primary fiscal surplus of 1.3% of gross domestic product (GDP) in fiscal year 2025, which was “in line with programme targets.” Headline inflation has been “relatively contained,” she added, while Pakistan recorded its first current account surplus in 14 years in fiscal year 2025.
She also referred to the recent publication of the IMF’s Governance and Corruption Diagnostic Report on Pakistan, which she said “includes proposals for reforms, including simplifying tax policy design, levelling the playing field for public procurement, and improving the asset declaration transparency.”
