Home » IMF Staff-Level Agreement Finalized, Next Tranche to Be Disbursed Soon: Finance Minister Muhammad Aurangzeb

IMF Staff-Level Agreement Finalized, Next Tranche to Be Disbursed Soon: Finance Minister Muhammad Aurangzeb

Federal Finance Minister Senator Muhammad Aurangzeb said Pakistan has completed the staff‑level agreement with the International Monetary Fund (IMF) and expects executive board approval shortly, after which the next tranche will be released. During a meeting with representatives of S&P Global Ratings, the finance minister discussed Pakistan’s economic recovery and re‑entry into global financial markets. He reiterated that the staff‑level agreement with the IMF is finalized and board approval is imminent, paving the way for the upcoming disbursement. Aurangzeb also noted that Pakistan successfully serviced a $1.4 billion Eurobond this month and mentioned Saudi Arabia’s additional $3 billion financial support along with an extension of a $5 billion deposit until 2028, which will further strengthen the country’s external financial position. In the discussion, the minister highlighted Pakistan’s medium‑term fiscal strategy, stating that improving economic indicators and the pace of reforms provide a solid foundation for an upgrade in the nation’s credit rating.

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