An International Monetary Fund delegation will visit Pakistan from 23 September through the first week of October 2026 to conduct a fresh round of reviews under the country’s two active IMF programmes, according to officials familiar with the schedule.

The mission, led by IMF official Iva Petrova, will carry out the fourth review of Pakistan’s $7 billion Extended Fund Facility and the third review of its $1.4 billion Resilience and Sustainability Facility, both covering performance through the end of June 2026.

What the IMF Will Examine

The review team is expected to scrutinise the Federal Board of Revenue’s tax collection performance against agreed structural benchmarks, along with the government’s overall fiscal position as of June 2026. Officials have acknowledged that only a handful of more than three dozen structural targets were met during the January-June period.

Talks will also cover continued government intervention in wheat and sugar markets, which has persisted despite IMF restrictions on such commodity operations, as well as progress on anti-corruption measures and reforms to state enterprise procurement practices.

Why This Review Matters for the Economy

If the reviews are completed successfully, Pakistan stands to receive roughly $1 billion under the Extended Fund Facility and about $200 million under the Resilience and Sustainability Facility, with disbursement expected by late November or early December 2026.

These funds are important for shoring up Pakistan’s foreign exchange reserves and maintaining investor confidence, particularly at a time when the country is also managing rising fuel prices and higher electricity tariffs domestically. A smooth review would also reinforce Pakistan’s broader reform narrative heading into future funding rounds.

Pakistani officials have described the country’s performance under the current programme as strong overall, pointing to improvements in the fiscal surplus and current account position even as inflation has ticked upward in recent months.