IMF Review of Pakistan’s EFF, Climate Financing Due in March 2025
ISLAMABAD / WASHINGTON: The International Monetary Fund (IMF) is set to conduct its next review of Pakistan’s Extended Fund Facility (EFF) along with assessments of climate financing commitments in March 2025. Pakistani authorities and financial experts are closely monitoring developments as this review could influence the country’s fiscal stability and international funding access.
What the IMF Review Entails
The upcoming review will evaluate:
Pakistan’s economic performance under the current EFF program
Implementation of structural reforms in taxation and governance
Progress in energy, social, and climate financing projects
Debt sustainability and macroeconomic stability
Officials say a successful review may unlock further tranche disbursements and climate-related funds, vital for Pakistan’s ongoing development and stabilization efforts.
Climate Financing Spotlight
The IMF review will also scrutinize Pakistan’s use of climate adaptation and mitigation funds, including:
Renewable energy projects
Disaster risk reduction initiatives
Flood and drought resilience programs
Green infrastructure investments
Climate experts note that effective utilization of these funds is critical to meet Pakistan’s environmental and developmental targets.
Economic Implications
Pakistan’s finance ministry has emphasized that a positive review:
Boosts investor confidence
Stabilizes PKR exchange rate
Improves international credit ratings
Strengthens Pakistan’s negotiating position for additional climate financing
Conversely, any delays or concerns could impact foreign inflows and fiscal planning for upcoming months.
Official Statements
A senior IMF official stated:
“Our March review will focus on Pakistan’s macroeconomic performance, reform implementation, and climate finance transparency to ensure long-term sustainability.”
Finance ministry representatives in Islamabad confirmed that preparations are underway for a comprehensive presentation of Pakistan’s economic and climate performance data.
Conclusion
Pakistan awaits the IMF review of its EFF and climate funds in March 2025, which could significantly influence the country’s financial stability, development projects, and international credibility. Authorities urge timely reforms and transparent reporting to secure continued support.
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