According to details, a staff-level agreement has been finalized between the International Monetary Fund (IMF) and Pakistani authorities on the second review under Pakistan’s 37-month Extended Fund Facility (EFF) and the first review under the 28-month Resilience and Sustainability Facility (RSF). The objectives include strengthening governance and improving the business environment to promote private sector growth. The statement indicates that further efforts are needed to advance the reform agenda for State-Owned Enterprises (SOEs) and limit the state’s role in the economy. Authorities are also considering reforms to reduce government intervention in commodity markets, aiming to create a productive, diversified, and internationally competitive agricultural sector that meets food security needs. Additionally, efforts to promote international trade are ongoing, including measures such as the implementation of a new national tariff policy.
