Pakistan, April 27 -- The International Monetary Fund (IMF) has called a meeting of its executive board on May 8 to approve the disbursement of more than $1.2 billion to Pakistan under two concurrent programmes - $7bn Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF), IMF officials told.

Pakistan has qualified for the disbursement of about $1bn after the successful third review of EFF and $210 million under the second review of RSF.

The IMF announced on March 27 that it had reached a staff-level agreement for the disbursement of about $1.2bn on the successful conclusion of the third review under EFF and the second review under RSF.

The two sides have since been engaged in changes to fuel pricing and the elim...