Important details have emerged of how much money the International Monetary Fund (IMF) will give to Pakistan during the next two financial years (FYs), it was reported on Saturday.
Sources told the 24News TV channel that there was a plan to lend to Pakistan over $4 billion during the next two years.
It had been estimated, sources informed, that Pakistan would receive $2.62 billion from the IMF in the next FY, 2026-27, while the country would receive $1.47 billion from the Fund in the FY, 2027-28.
Sources told the 24News TV channel that both these tranches would be released under the IMF’s ongoing loan programmes: $2.9 billion under the Extended Fund Facility (EFF) Programme in the next FY, while $530 billion under the Climate Financing Programme also in the next FY.
Sources elaborated that the money-lending organization was expected to lend to Pakistan $1.5 billion under the EFF programme in the fiscal year, 2027-28, and $42 billion under the Climate Financing Programme in the same fiscal year.
Currently, Pakistan is engaged in two programmes with the Fund; over $7 billion EFF programme, and $1.40 billion Climate Financing Programme.
