{"id":21041,"date":"2025-02-24T14:18:29","date_gmt":"2025-02-24T09:18:29","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=21041"},"modified":"2025-02-24T14:18:30","modified_gmt":"2025-02-24T09:18:30","slug":"pakistan-imf-begin-talks-on-securing-additional-1bn-for-climate-action","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2025\/02\/24\/pakistan-imf-begin-talks-on-securing-additional-1bn-for-climate-action\/","title":{"rendered":"Pakistan, IMF begin talks on securing additional $1bn for climate action"},"content":{"rendered":"\n<p>A technical mission of the International Monetary Fund (IMF) is set to begin crucial talks in Islamabad on today regarding Pakistan\u2019s request for over $1 billion in additional financing to combat climate change.<\/p>\n\n\n\n<p>The discussions come as part of the IMF\u2019s Resilience and Sustainability Facility (RSF) arrangements, which provide long-term financing for climate resilience projects.<\/p>\n\n\n\n<p>The talks will continue for three weeks, followed by a broader policy review early next week to assess Pakistan\u2019s performance under the ongoing $7 billion Extended Fund Facility (EFF).<\/p>\n\n\n\n<p>High-level engagement<\/p>\n\n\n\n<p>The IMF technical team is expected to hold meetings with key ministries, including Planning, Finance, Climate Change, Petroleum, and Water Resources, as well as the Federal Board of Revenue (FBR), disaster management agencies, and provincial governments.<\/p>\n\n\n\n<p>Mahir Benisi, the IMF\u2019s resident representative in Islamabad, confirmed that discussions are ongoing but did not provide further details. Meanwhile, an IMF staff team is scheduled to visit Pakistan in mid-March to conduct the first review of the EFF-supported program and further assess Pakistan\u2019s request for RSF assistance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A technical mission of the International Monetary Fund (IMF) is set to begin crucial talks<\/p>\n","protected":false},"author":1,"featured_media":21042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[215],"tags":[],"class_list":["post-21041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pakistan, IMF begin talks on securing additional $1bn for climate action - Rapid News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailyrapidnews.com\/eng\/2025\/02\/24\/pakistan-imf-begin-talks-on-securing-additional-1bn-for-climate-action\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan, IMF begin talks on securing additional $1bn for climate action - 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