Pakistan, Oct. 8 -- The International Monetary Fund has reached a staff-level agreement with Pakistan for about $1.21 billion. The deal could provide fresh financing after approval from the IMF Executive Board. Pakistan remains focused on maintaining economic stability amid several external risks.

The proposed amount includes around $1 billion under the Extended Fund Facility. Another $210 million could come through the Resilience and Sustainability Facility. Approval would bring combined disbursements under both programmes to about $5.7 billion.

An IMF team led by Iva Petrova held talks with Pakistani officials from September 23 to October 7. Discussions took place in Karachi and Islamabad during programme reviews and the 2026 Article ...