# IMF Executive Board approves a 2019 Extended Fund Facility for Pakistan

Date: 2019

## The fact

On 3 July 2019 the IMF Executive Board approved a 39-month Extended Fund Facility of about $6 billion for Pakistan under Khan’s premiership.

## Context

Reserves were thin on arrival. Saudi and UAE deposits bridged. Finance minister Hafeez Shaikh later ran the file. The Board sits in Washington. He did not vote there.

The 2022 stall and Shehbaz’s 2023 SBA are later rows.

Pakistan’s prime minister is elected by the [National Assembly](/organizations/national-assembly) and chairs the cabinet. He does not write IMF Executive Board minutes, Indian statutes, army operational orders, NAB judgments, or PBS CPI methodology. A maiden speech is not a Finance Act. A rally is not a gazette. A diplomatic cable is not a completed foreign coup. A tweet is not a statute.

## Evidence and sources

International Monetary Fund carries the official instrument or communique. Reuters records the same dated act independently.

## Significance

The path is [public-debt sustainability](/drivers/public-debt-sustainability): a completed EFF approval rebuilt near-term external buffers, with later stall as a leak.

## What is established and what is not

Established: a 3 July 2019 IMF Board approval of a ~$6 billion EFF under his premiership, recorded by the Fund and wires.

Not established: that the programme was completed, or a unique later growth coefficient from approval day.

What would change the picture: a contradictory original with a different date or name, a later repeal, a court that vacated the instrument, or a measured series that can be argued, with lag and alternatives, as a consequence of this instrument rather than of later institutions.

The date is the date of this instrument, not a licence to back-date every later harm or benefit.

The Board approved. Bilateral lenders deposited. He later let reviews slip.. A later repeal, court stay, or successor order would be a different Fact with a different date. That pair identifies IMF Executive Board approves a 2019 Extended Fund Facility for Pakistan, not a later speech about IMF Executive Board approves a 2019 Extended Fund Facility for Pakistan.

Co-authors and later implementers named in Context remain on the file. IMF Executive Board approves a 2019 Extended Fund Facility for Pakistan on 2019-07-03 is not a licence to treat every later International Monetary Fund communique as this same act. If a later repeal, stay, or successor instrument exists, it needs its own date and its own row. This dossier refuses to average IMF Executive Board approves a 2019 Extended Fund Facility for Pakistan into a personality. The contribution described on this Person row is limited to His government requested. The Board approved. Bilateral lenders deposited. He later let reviews slip. That limit is the alternative to treating office-holding as authorship of every later series.

## People

- Imran Khan: https://factrail.ai/people/imran-khan

## Drivers

- Public-Debt Sustainability: https://factrail.ai/drivers/public-debt-sustainability
- Fiscal-Policy Sustainability: https://factrail.ai/drivers/fiscal-policy-sustainability

## Sources

- https://www.reuters.com/article/us-pakistan-imf-idUSKCN1TY2QE
- https://www.imf.org/en/News/Articles/2019/07/03/pr19264-pakistan-imf-executive-board-approves-39-month-extended-fund-facility

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/pk-imran-imf-2019