Pakistan, Oct. 15 -- Pakistan and the International Monetary Fund (IMF) have reached a staff-level IMF agreement to review key financial programs. The agreement covers the $7 billion Extended Fund Facility (EFF) and the $1.1 billion Resilience and Sustainability Facility (RSF). It aims to support Pakistan's economic stability and climate resilience.
According to an IMF statement, the agreement follows detailed discussions led by IMF mission chief Iva Petrova. Talks focused on Pakistan's progress under both the Extended Fund Facility and the climate-focused RSF loan. The IMF said the IMF agreement is now awaiting approval from its Executive Board before the next disbursement is made.
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