Recently, when India’s GDP and product growth figures were released, they surprised India’s opposition parties more than the world. The figures showed that India’s GDP growth rate in the first quarter of 2026-27 was 7.8 percent, compared to 6.9 percent in the first quarter of the previous year. Critics voiced strong opposition, supported by former.
The Extended Fund Facility provides longer-term financial assistance tied to structural reforms, while periodic reviews determine disbursements based on performance against agreed targets.
The ECF extension comes as the Himalayan nation continues to navigate pressures from slower global growth, fluctuating remittances, and the need for sustained capital investment.
New Delhi: The International Monetary Fund (IMF) on Tuesday revised India’s growth forecast for the fiscal year 2025-26 (FY26) upward to 6.6%, a 0.2 percentage point increase from its previous estimate of 6.4%. This revision is largely due to India’s strong growth momentum in the first quarter of FY26, which saw the economy grow at.
The IMF is expected to review Pakistan’s funding situation in the second half of 2025, amid the imposition of 11 new conditions. An official IMF statement indicated ongoing discussions with Pakistani officials to finalize the budget for the 2026 fiscal year. The next mission related to the Extended Fund Facility (EFF) and Resilience and Sustainability.
Mudavadi welcomed the IMF's response to the Kenyan government's request for a Governance Diagnostic Assessment, starting with a scoping mission and then a full assessment later in the year.
International desk: Pakistan and the International Monetary Fund (IMF) will on Thursday sit across the table to conduct the first review of the $3 billion Stand-by-Arrangement (SBA) and Islamabad is confident that it would sail through the review with approval as it has met all the fiscal targets. Sources in the Finance Ministry expressed optimism.
