The International Monetary Fund (IMF) has confirmed that its next funding review for Pakistan is scheduled for the second half of 2025. In a statement released Friday, the IMF said it is actively engaging with Pakistani authorities to finalize the fiscal framework for the country’s 2026 financial year.
The global lender emphasized that its top priority remains anchoring inflation within the State Bank of Pakistan’s medium-term target range of 5–7%. This objective is central to the country’s ongoing economic stabilization efforts.
According to the IMF, Pakistani officials reaffirmed their commitment to fiscal consolidation. As part of this strategy, the government is targeting a primary surplus of 1.6% of GDP in FY2026. Achieving this surplus is key to restoring macroeconomic stability and ensuring long-term debt sustainability.
The IMF’s statement signals continued cooperation between Islamabad and the Fund, following a period of economic turbulence marked by high inflation, currency depreciation, and dwindling foreign reserves. Pakistan recently concluded a short-term $3 billion standby agreement with the IMF and is seeking a longer-term arrangement to support structural reforms.
With the next funding review set for late 2025, successful negotiations over the upcoming federal budget will be critical in securing future disbursements. The budget must align with IMF goals to unlock further support, particularly as Pakistan faces increasing external financing needs and economic pressures.
The IMF's focus on inflation control, fiscal discipline, and structural reforms aligns with broader efforts to stabilize Pakistan’s economy and build investor confidence. Ongoing discussions in the lead-up to the 2026 budget will play a vital role in shaping the country's financial outlook and maintaining access to international financial support.


Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 



