11th review completed

The Executive Board of the International Monetary Fund (IMF) on June 27, 2016 completed the eleventh review of Pakistan's economic performance under a three-year programme supported by an Extended Fund Facility (EFF) arrangement. The Executive Board's decision enables the immediate disbursement of an amount equivalent to SDR 360 million (about US $501 million), bringing total disbursements to SDR 4.32 billion (about US $6.01 billion). On September 4, 2013, the Executive Board approved the 36-month extended arrangement under the EFF in the amount of SDR 4.393 billion (about US $6.64 billion at the time of approval of the arrangement) or 216 percent of Pakistan's current quota at the IMF.