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Pakistan, IMF hold virtual talks to secure third loan tranche

Finance Ministry continues daily negotiations on the second economic review as Islamabad seeks a staff-level agreement
Published 11 Oct, 2025 07:54pm
A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, on October 12, 2018. Reuters file
A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, on October 12, 2018. Reuters file

The government of Pakistan has intensified efforts to secure the third tranche of the International Monetary Fund (IMF) loan, with virtual talks underway between the finance ministry and the IMF mission as part of the second economic review.

According to official sources, the virtual negotiations are aimed at finalising a staff-level agreement (SLA) under the Memorandum of Economic and Financial Policies (MEFP).

The discussions are taking place on a daily basis to complete pending policy actions and meet the remaining IMF targets.

Sources confirmed that Pakistan has assured the IMF of its commitment to fully implement the remaining structural and fiscal benchmarks under the programme.

Meanwhile, the government has sought additional time to publish the “Corruption and Governance Diagnostic Assessment Report.”

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Officials informed the IMF that the report would be released after incorporating certain revisions.

Once consensus is reached on the MEFP draft, both sides are expected to finalise the staff-level agreement, paving the way for the release of the third tranche.

Officials expressed optimism that the ongoing talks would conclude successfully, keeping Pakistan’s IMF programme on track.

Pakistan

IMF

International Monetary Fund

IMF programme

IMF review

IMF package

third tranche