Pakistan, March 16 -- The International Monetary Fund (IMF) and the Pakistani authorities made 'significant progress' toward reaching a Staff Level Agreement (SLA) on the first review of the Extended Fund Facility (EFF), said IMF mission chief Nathan Porter in a statement on Saturday.

An IMF team, led by Nathan Porter, visited Islamabad and Karachi from February 24 to March 14, 2025, to hold discussions on the first review of Pakistan's economic program supported by the Extended Fund Facility (EFF) and on a possible new arrangement under the IMF's Resilience and Sustainability Facility (RSF).

At the conclusion of the discussions, Porter issued the following statement:

"The IMF and the Pakistani authorities made significant progress towar...