This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Pakistan and the IMF. Additional information can be found on Pakistan and IMF country page, including official IMF reports and Executive Board documents in English that deal with Pakistan.
Pakistan: At a Glance
- Financial Position in the Fund; July 31, 2017
- Transactions with the Fund; July 31, 2017
Office Activities
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Outreach on Inclusive Growth in Pakistan
From March 15-17, the IMF's Middle East and Central Asia Department presented the book “Promoting Inclusive Growth in the Middle East and North Africa” at Pakistan's leading academic institutions and think tanks. The events attracted strong interest and facilitated a discussion on reforms that would generally promote higher, more inclusive growth in Pakistan, by streamlining state-owned enterprises, strengthening the business environment, and enhancing the education and skills of Pakistan’s labor force while reducing gender gaps.
March 15, 2023
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The IMF Resident Representative in Pakistan conducted during December 2022 in-person outreach at Pakistan’s premier academic institutions on the Middle East and Central Asia Department’s 2022 October Regional Economic Outlook (REO) flagship publication. The events were hosted by the Islamabad National University of Sciences and Technology, Lahore University of Management Sciences, and Karachi Institute of Business Administration (convening Bahria University, Muhammad A. Jinnah University, and Jinnah University for Women).
December 31, 2022
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November 29, 2022
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Esther Pérez Ruiz's participation at the book launch on “Trade and Connectivity”
July 6, 2022
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IMF Statement by IMF ResRep for Pakistan on continued discussions with authorities
June 21, 2022
IMF's work on Pakistan
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July 18, 2023
Series:Country Report No. 2023/260
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Transcript of IMF Press Briefing
July 13, 2023
Press Briefing by Julie Kozack, Director, Communications Department – July 13, 2023 at 9:30 a.m.
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IMF Executive Board Approves US$3 billion Stand-By Arrangement for Pakistan
July 12, 2023
Today, the Executive Board of the International Monetary Fund (IMF) approved a 9-month Stand-By Arrangement (SBA) for Pakistan for an amount of SDR2,250 million (about $3 billion, or 111 percent of quota) to support the authorities’ economic stabilization program. The arrangement comes at a challenging economic juncture for Pakistan. A difficult external environment, devastating floods, and policy missteps have led to large fiscal and external deficits, rising inflation, and eroded reserve buffers in FY23.
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IMF Reaches Staff-level Agreement with Pakistan on a US$3 billion Stand-By Arrangement
June 29, 2023
IMF Reaches Staff-level Agreement with Pakistan on a US$3 billion Stand-By Arrangement
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Transcript of the April 2023 Global Financial Stability Report Press Briefing
April 11, 2023
Transcript of the April 2023 Global Financial Stability Report Press Briefing
Regional Economic Outlook
May 3, 2023
The economies of the Middle East and Central Asia (ME&CA) proved resilient in 2022, despite a series of global shocks. However, this year—and potentially next—growth is expected to slow in the Middle East and North Africa (MENA) as tight policies to fight inflation, reduce vulnerabilities, and rebuild buffers start to dent economic activity in many countries, and agreed oil production cuts curb growth in oil exporters. Inflation is projected to remain persistent. The outlook for Caucasus and Central Asia (CCA) countries depends heavily on external factors, namely the impact of monetary tightening, growth in their main trading partners, the pace of private transfers, and inflows of migrants from Russia. Uncertainty is high, and risks to the baseline are tilted to the downside amid financial stability concerns—particularly in advanced economies amid contagion fears. Policy trade-offs are even more complex, and policymakers will need to calibrate the policy mix carefully to reduce core inflation without triggering financial stress and excessive tightening and continue to provide targeted fiscal support to vulnerable groups while preserving debt sustainability and financial stability. Tight monetary and fiscal policies across the region amid tight global financial conditions call for accelerating structural reforms to bolster potential growth and enhance resilience.Read the Report