However, the two sides have ‌yet to reach a staff-level agreement, with discussions continuing as officials assess the impact of the Middle East conflict ​on the economy, the Fund said on Wednesday.

“While ​considerable progress was made in the discussions, these ⁠will continue in the coming days,” IMF mission ​chief Iva Petrova said in an end-of-mission statement.

The ​IMF team and Pakistani authorities will continue discussions in the coming days with a view to concluding the reviews, Petrova said.

Talks ​assessed risks from the Middle East conflict and ​rising energy prices to Pakistan’s economy, balance of payments and ‌external ⁠financing needs, as the country imports most of its fuel.

Programme implementation under the $7 billion Extended Fund Facility (EFF) has remained broadly aligned with authorities’ commitments through end-February ​2026, the IMF ​said.

Pakistan has ⁠also made “good progress” implementing climate resilience reforms under the RSF, aimed at strengthening ​resilience to climate shocks.

Talks focused on ​fiscal consolidation, ⁠tight monetary policy and energy sector reforms.

Discussions covered the third review of Pakistan’s 37-month EFF and the ⁠second ​review of the 28-month Resilience and ​Sustainability Facility.

The IMF team arrived in Pakistan on February 26 and began discussions on March 2.