History timeline › 2018 to now
IMF lending · Turning point
Nine-month US$3bn standby approved as reserves run low
IMF lending
All events1958 · Pakistan signs its first IMF Stand-By Arrangement1988 · Structural Adjustment Facility and standby approved together2001 · PRGF programme unlocks Paris Club restructuring of $12.5bn debt2002 · IMF's own evaluators label Pakistan a prolonged user2008 · IMF approves US$7.6bn standby during global crisis2013 · Three-year US$6.64bn Extended Fund Facility approved2016 · Pakistan completes all twelve reviews of the 2013 EFFWith FX reserves at US$4.1bn (0.7 months of imports) after floods, a US$3bn SBA bought time and steadied the external account
Source: IMF, 2023
Used in
Is IMF lending a debt trap or a path to recovery for Pakistan?
“Supports” means it backs the claim: IMF lending has trapped Pakistan in a cycle of repeated borrowing and debt.
Asked in papers
No past question names it directly.