Karachi, November 5, 2025 – Finance Minister Muhammad Aurangzeb announced on Wednesday that Pakistan is likely to secure the next $1.2 billion tranche from the International Monetary Fund (IMF) by early December, marking another step forward in stabilizing the country’s economic outlook.
Speaking at the 9th Edition of The Future Summit, themed “Course Correction: Redefining The Direction,” the finance minister said that a staff-level agreement (SLA) between Pakistan and the IMF had already been reached in mid-October in Washington, D.C.
“The IMF board is expected to approve the next tranche of $1.2 billion by early December,” Aurangzeb said.
According to the finance minister, the disbursement will include $1 billion under the 37-month Extended Fund Facility (EFF) and $200 million under the 28-month Resilience and Sustainability Facility (RSF). The SLA was signed following the IMF’s second review of Pakistan’s economic performance under the EFF.
Aurangzeb also cited the Overseas Investors Chamber of Commerce and Industry (OICCI) survey, noting that 73% of foreign company CEOs now view Pakistan as a viable investment destination—up from 61% in the previous year.
He highlighted that the confidence of existing investors is critical for attracting new foreign direct investment (FDI). The finance minister emphasized that Pakistan is on the right trajectory, supported by China, the US, GCC nations, and Saudi Arabia, all of whom have contributed significantly to Pakistan’s economic recovery.
Aurangzeb said the next phase of Pakistan’s growth will rely on private sector-led investment in key areas such as minerals, IT, agriculture, and pharmaceuticals. He added that the government has introduced AI-based monitoring systems to curb tax evasion and sales tax leakages, already operational in the sugar and banking sectors, with expansion planned for tobacco and beverages.
He also revealed that 900,000 new taxpayers were added during Tax Year 2025, underscoring ongoing reforms in the Federal Board of Revenue (FBR) to broaden the tax base and enhance compliance.