IMF wraps up visit as Pakistan pledges fiscal discipline with 2% of GDP primary surplus target

• Focus on economic developments, reforms, 2027 budget strategy.
• SBP reiterates commitment to tight monetary policy stance.
• Aim to anchor inflation expectations remains key priority.

The International Monetary Fund (IMF) mission has concluded talks with Pakistani authorities, focusing on recent economic developments, fiscal planning for 2027, and progress under ongoing IMF-supported reform programmes, the fund said on Wednesday.

The discussions also covered Pakistan’s budget strategy for the 2027 fiscal year and implementation of key structural reforms, according to a statement.

The authorities reaffirmed their commitment to a primary surplus target of 2% of gross domestic product in fiscal year 2027, the IMF said.

The State Bank of Pakistan reiterated its commitment to maintaining an appropriately tight monetary policy stance to anchor inflation expectations, it added.

The IMF said discussions on the 2027 budget will continue in the coming days.

It added that the next mission, which is expected to include Article IV consultations and reviews under the Extended Fund Facility and Resilience and Sustainability Facility, is scheduled for the second half of 2026.

This is a developing story and is being updated with new information.