Extended Fund Facility

Bolivia and the IMF reached a staff-level agreement for a US$1.9 billion 36-month Extended Fund Facility on 29 July 2026. The deal requires approval from the IMF’s Executive Board and Bolivia’s Congress before funds are disbursed.

Finance Minister Muhammad Aurangzeb met with IMF officials to review Pakistan's macroeconomic performance under the Extended Fund Facility and Resilience and Sustainability Facility, highlighting improved fiscal and external balances, revenue targets, and stronger foreign exchange reserves. He also discussed economic cooperation with the US Export-Import Bank, focusing on trade and project financing.

S&P Global Ratings upgraded Pakistan's long-term sovereign credit rating to 'B' from 'B-', citing improved external position and macroeconomic stabilization. The upgrade is linked to IMF reforms, increased foreign reserves, and a stable political environment.

Bolivia's Minister of the Presidency José Luis Lupo called an IMF agreement 'indispensable' as the country's foreign exchange crisis worsens. Bolivia is negotiating a US$3.3 billion package, likely an Extended Fund Facility, with foreign exchange reserves falling to US$2.3 billion by October 2025.

The IMF upgraded Egypt’s 2026 growth projection to 4.6% in its July 2026 World Economic Outlook. Egypt’s $8 billion Extended Fund Facility with the IMF has unlocked $2.3 billion in disbursements, with growth driven by non-oil manufacturing, tourism, telecommunications, and recovering remittances.

The International Monetary Fund has approved $690 million for Ukraine as part of an $8.1 billion loan program, despite lawmakers previously delaying reform bills. The agreement was reached at the staff-level for the first review of the Extended Fund Facility program, even though Ukraine missed a VAT benchmark.