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Government policies under EFF have stabilized Pakistan’s economy: IMF

The Director of Communications IMF said that government policies under the Extended Fund Facility have helped stabilize Pakistan’s economy

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IMF terms Pakistan economy stable
IMF terms Pakistan economy stable

The Director of Communications at the International Monetary Fund, Julie Kozack, said that government policies under the Extended Fund Facility (EFF) have helped stabilize Pakistan’s economy. She added that confidence has increased and financial performance has remained strong, confirming that surplus targets were achieved.


Speaking at a press briefing in Washington, Julie Kozack said that an IMF team will visit Pakistan on February 25. The discussions with Pakistani authorities will focus on the third review of the EFF program and the second review of the RSF program.


She stated that under the EFF, Pakistan’s economic policies have brought stability, improved confidence, and strengthened financial performance.


Julie Kozack further said that in fiscal year 2025, Pakistan achieved a primary fiscal surplus of approximately 1.3% of GDP. She also confirmed that Pakistan recorded a current account surplus for the first time in 14 years. These results are in line with the program’s targets.


She added that inflation in Pakistan has remained generally under control.


The IMF Communications Director also mentioned that a recent report on governance and corruption has been released, which includes recommendations for reforms. These include simplifying the tax system and improving transparency in public procurement.

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Humayun Mehmoti
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Humayun Mehmoti

The writer is a News Editor and digital journalist specializing in current affairs, politics, security and international developments.

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