The economic performance of Pakistan under the International Monetary Fund’s (IMF) $7 billion loan program has been deemed strong so far. According to Mahir Binici, the IMF’s Resident Representative for Pakistan, the first review under the three-year Extended Fund Facility (EFF) showed successful completion in May. The EFF aims to solidify macroeconomic stability and set the stage for more robust, inclusive, and resilient growth. Structural reforms are emphasized to ensure long-term economic sustainability, including tax equity enhancement, business climate improvement, and promotion of private-sector-led investment. Pakistan also received approval for climate-related reforms under the $1.3 billion Resilience and Sustainability Facility (RSF) which will boost climate resilience, green investments, and a more climate-conscious economic path. Binici highlighted that although economic growth in the Middle East and North Africa region, including Pakistan, is expected to improve, global economic uncertainties remain high due to trade tensions, geopolitical dynamics, and weakened cooperation.