Pakistan to Hold IMF Review Talks for Loan Programs in March 2026

Pakistan is expected to hold its next round of review talks with the International Monetary Fund (IMF) in March 2026, according to informed sources. The negotiations will be held simultaneously for two IMF-supported programs: the Extended Fund Facility (EFF) and the Climate Financing Facility. Sources told ProPakistani that the talks will focus on reviewing Pakistan’s economic performance during the first half of the current fiscal year. The outcome of these discussions will be critical, as the successful completion of the reviews will pave the way for the release of loan tranches under both programs. Under the EFF arrangement, Pakistan will undergo its third review, while negotiations for the Climate Financing Facility will cover its second review. Officials indicated that if the talks conclude positively, Pakistan will become eligible to receive the fourth tranche under the Extended Fund Facility program and the second tranche under the Climate Financing Facility. Pakistan is currently engaged in two IMF loan programs simultaneously. The country has a $7 billion Extended Fund Facility agreement with the IMF, aimed at stabilizing the economy through fiscal discipline, structural reforms, and revenue-enhancing measures. In addition, Pakistan is part of a $1.4 billion Climate Financing Facility program, which supports climate resilience and sustainable development initiatives. So far, Pakistan has received a total of $3.3 billion from the IMF under both programs combined.