A nine-member International Monetary Fund (IMF) delegation, led by Nathan Porter, is scheduled to arrive in Pakistan on March 3 for the first review of the $7 billion Extended Fund Facility (EFF).
As per sources in the Finance Ministry, the mission is expected to stay for around two weeks, engaging in both technical and policy-level discussions with government officials.
In the initial phase, the talks will focus on technical aspects, followed by high-level policy negotiations. The discussions are expected to include a review of the 2025-26 budget, which is currently being drafted.
The IMF team will hold meetings with key government institutions, including the Finance Ministry, Planning Commission, State Bank of Pakistan (SBP), Federal Board of Revenue (FBR), Oil and Gas Regulatory Authority (OGRA), and National Electric Power Regulatory Authority (NEPRA).
Additionally, consultations will take place with representatives from all four provinces to assess fiscal planning and economic policies at the regional level.
Meanwhile, an IMF technical mission has been in Islamabad for the past two days, engaging in discussions on Pakistan’s request for $1.5 billion in climate financing under the Resilience and Sustainability Facility (RSF).
The four-member delegation has met with officials from Punjab and Balochistan to review climate spending plans, green budgeting, and mechanisms for tracking and reporting environmental investments.
The RSF program aims to support long-term climate adaptation projects, with the IMF evaluating Pakistan’s strategies for financing and managing environmental initiatives. The ongoing discussions highlight the government’s broader efforts to secure additional financial assistance while addressing economic and climate-related challenges.
