Pakistan poised to meet IMF targets

Pakistan is expected to meet all seven Quantitative Performance Criteria (QPC) set by the International Monetary Fund (IMF) ahead of the second semi-annual review of the country’s Extended Fund Facility (EFF) programme, according to Topline Securities’ report released on Saturday. The IMF team is scheduled to visit Pakistan on Sept 25 to review the country’s performance under the $7 billion EFF arrangement, covering the first half of 2025. The review will assess Pakistan’s progress in meeting key economic targets for the March-June quarter. Based on Topline’s estimates, Pakistan is likely to meet the IMF’s QPC, including targets related to net international reserves and swap positions. The primary balance numbers for FY25 are also well within the IMF’s projections, the report noted.