The International Monetary Fund (IMF) has released a $1.2 billion tranche to Pakistan, confirmed by the State Bank of Pakistan. According to State Bank of Pakistan officials, $1 billion of the amount was disbursed under the Extended Fund Facility (EFF) program, while the IMF released an additional $200 million under climate financing through the Resilience and Sustainability Facility (RSF).

The IMF’s Executive Board approved the release of the The funds are being provided under the EFF and RSF programs, bringing the total disbursements under these programs to $3.3 billion.

According to the decision that would keep the two loan programmes worth $8.4 billion on track.

The IMF noted that Pakistan has made significant progress on reform measures under the EFF, maintaining economic stability

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