Three-year reform program: IMF completes final review

The Executive Board of the International Monetary Fund (IMF) on September 28, 2016 completed the twelfth and final review of Pakistan's three-year economic reform program supported by an Extended Fund Facility (EFF) arrangement. The Board's decision enables the immediate disbursement of the final tranche in an amount equivalent to SDR 73 million (about $102.1 million). 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 $6.15 billion, or 216 percent of Pakistan's current quota at the IMF.
-PR