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Home Today News

Pakistan receives $1.3 billion from IMF, State Bank’s foreign exchange reserves expected to improve

Awais Afzal (Business Staff Reporter) by Awais Afzal (Business Staff Reporter)
May 13, 2026
in Today News
Reading Time: 1 min read
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The State Bank of Pakistan (SBP) has confirmed that Pakistan has received about $1.3 billion under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs of the International Monetary Fund (IMF).


According to the State Bank, the IMF Executive Board approved the third review of the EFF program for Pakistan in its meeting held on May 8, 2026, under which SDR 760 million was released. In addition, SDR 154 million was also approved under the second phase of the RSF program.


According to the central bank, a total of SDR 914 million, equivalent to approximately US$ 1.3 billion, was received by Pakistan on May 12, 2026.


The State Bank has said that this amount will be added to the foreign exchange reserves during the week ending May 15, 2026, which is expected to help stabilize the external accounts and the rupee.


According to economists, this amount received from the IMF will not only support foreign exchange reserves but is also considered an important development for Pakistan’s financial confidence, external payments and economic stability.

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Awais Afzal (Business Staff Reporter)

Awais Afzal (Business Staff Reporter)

Awais Afzal is a Business Desk Reporter at The Pakistan Today, covering business, markets, economy and financial developments. He focuses on clear, accurate and reader-friendly reporting, with a strong emphasis on verified facts and timely updates. His work aims to explain complex economic and business issues in simple language for a broad audience.

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