Pakistan's Central Bank Gets $1.2B from IMF for Climate Resilience

• Pakistan's central bank received USD 1.2 billion from the IMF for climate resilience.
• The funds were released after the IMF's Executive Board completed reviews of the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF).
• The latest disbursement includes USD 1 billion under EFF and USD 200 million under RSF.
• This brings the total IMF disbursement to Pakistan under the current bailout package to USD 3.3 billion.
• Pakistan is currently in its 24th IMF program, which aims to provide USD 7 billion over 39 months.

Why It Matters: IMF funds help Pakistan address climate change impacts and economic challenges.