PIDE Commentary On The 23rd IMF Program For Pakistan

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Pide: Pakistan Institute of Development Economics

No 2022:3, PIDE Research Report from Pakistan Institute of Development Economics

Abstract: International Monetary Fund (IMF) issued a staff report on the seventh and eighth reviews of the extended arrangement under the Extended Fund Facility (EFF) on September 1, 2022. As per the review report, the authorities of Pakistan are allowed to draw USD 1.1 billion, keeping in view the measures taken by authorities to address ï¬ scal and external challenges. The IMF board has also approved the extension of the EFF till June 2023 along with extra Special Drawing Rights (SDR) of 720 million, bringing the total access under the EFF to about USD 6.5 billion.

Pages: 26
Date: 2022
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