Research & Policy Intelligence
Tracking the activities, programs, and policy conditionalities of the IMF, World Bank, and Asian Development Bank in Pakistan — for researchers, policymakers, and the public.
Monitoring Desk
International Monetary Fund
Pakistan has engaged with the IMF across 24 programmes since 1958, making it one of the Fund's most persistent borrowers. The current Extended Fund Facility (EFF) imposes stringent fiscal consolidation benchmarks — touching everything from energy tariffs to federal tax collection. This section tracks programme conditionalities, review outcomes, and their distributional effects on the Pakistani economy.
Read Full Analysis →World Bank Group
The World Bank maintains one of its largest country programmes in Pakistan, with an active portfolio exceeding $12 billion across sectors including energy, education, social protection, and climate adaptation. The BISP Kafaalat programme — co-financed with the Bank — has become a flagship safety net initiative. This section examines project pipelines, sector strategies, and the Bank's evolving governance conditionalities.
Read Full Analysis →Asian Development Bank
The Asian Development Bank is Pakistan's largest multilateral development partner by annual commitments, focusing heavily on energy sector reform, transport corridors, and climate resilience. ADB's interventions in the power sector — including circular debt resolution frameworks — intersect directly with IMF conditionalities, creating a complex web of multilateral influence over domestic policy. This section maps those connections.
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