The State Bank of Pakistan (SBP) on Wednesday received the second tranche of US$ 1.023 billion (SDR 760 million) from International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program.
According to the SBP official X handle, the amount will be reflected in SBP’s foreign exchange reserves for the week ending on May 16, 2025.
“SBP has received the second tranche of SDR 760 million (US$ 1,023 million) from the IMF under the EFF program. The amount will be reflected in SBP’s foreign exchange reserves for the week ending on 16th May 2025”, the bank tweeted.
The executive board of the IMF had approved the first review of the programme on Friday (May 9). The IMF board discussed the review and a new sustainability loan as well, of $1.3 billion for a period of over two years. This additional loan is designed to support long-term climate adaptation and resilience, and Pakistan aims to utilise these funds over the next 28 months. Further information about the new loan is not yet available.
