ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at USD 19.398 billion i.e. 4.6 percent of the GDP for the next fiscal year 2025-26.
The Fund in its report stated that the country’s external financing needs would be USD 19.123 billion in the fiscal year 2026-27 adding that the ongoing Extended Fund Facility (EFF) is fully financed, with firm commitments for the next 12 months and good prospects for the remainder of the Fund-supported program.
The report noted that further progress has been made in securing financing committed ahead of the EFF request, including fromthe Saudi Development Fund and China EXIM. Major IFIs now expect to provide more financing in fiscal year 2026 than previously anticipated, which will help absorb flood impacts on the BOP, while the outlook for new commercial financing has also improved.
Key bilateral partners remain committed to rolling over existing short-term liabilities in the remaining program period. The authorities have also engaged in initial discussions on several new commercial financing facilities, which could potentially be pursued if external financing needs were to increase further, the report added.
Copyright Business Recorder, 2025
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