IMF Projects that Pakistan Would Require Gross Financing of $91.5 Billion through FY2025-26.

Pakistan's projected three-year, $91.5 billion gross external funding needs through the fiscal year 2025–2026 have been estimated by the International Monetary Fund (IMF).

IMF Projects that Pakistan Would Require Gross Financing of $91.5 Billion through FY2025-26.

The gross finance requirements for the next three years are $91.53 billion, according to information acquired by IMF staff and Pakistani authorities under the $3 billion Standby Arrangement, while the current account deficit (CAD) is anticipated to be $20.618 billion from 2023–2024 to 2025–2026.

The cash-strapped country's gross financing requirements are projected to increase to as much as $28.4 billion in FY24 alone. External debt repayments are projected to be in the $22-$23 billion range, and $6.4 billion will be required to control CAD during the year. By the conclusion of FY24, it is anticipated that the State Bank of Pakistan's foreign exchange reserves will total $11.7 billion.

As a result, the country's gross financing needs might reach $30.6 billion in FY25, while CAD is predicted to be around $6.75 billion and SBP reserves to be at $12.67 billion.

The funding demand would be $32.5 billion in FY26, and by the end of that year, SBP's foreign exchange reserves are anticipated to be $13.8 billion.

In the current fiscal year (FY24), imports are expected to be $64.109 billion, $64.9 billion, and $71.115 billion. The forecast for exports is $30.8 billion in FY24, $31.14 billion in FY25, and $35.8 billion in FY26.