Pakistan vis-à-vis the IMF

Table showing IMF loan history of Pakistan
Photo Source: IMF History of Loans to Pakistan
  • 54.5 percent of commitments (12) had an expiration of 1 year.
  • 18.2 percent of commitments (04) had an expiration of 2 years.
  • 27.3 percent of commitments (06) had an expiration of 3 years.
Donut chart showing IMF loans to Pakistan by years of expiration
Image by the author. All rights reserved.
Donut chart showing IMF loans to Pakistan by their types
Image by the author. All rights reserved.
Table showing the IMF SDR rate
Photo Source: IMF SDR Valuation
  • Dec 08, 1958: The SDR rate was $1.00. Amount: 0.
  • Mar 16, 1965: The SDR rate was $1.00. Amount: $0.037 billion.
  • Oct 17, 1968: The SDR rate was $1.00. Amount: $0.075 billion.
  • May 18, 1972: The SDR rate was $1.00. Amount: $0.084 billion.
  • Aug 11, 1973: The assumed SDR rate is $1.00. Amount: $0.075 billion.
  • Nov 11, 1974: The assumed SDR rate is $1.00. Amount: $0.075 billion.
  • Mar 09, 1977: The assumed SDR rate is $1.00. Amount: $0.080 billion.
  • Nov 24, 1980: The assumed SDR rate is $1.00. Amount: $0.349 billion.
  • Dec 02, 1981: The SDR rate was $1.17. Amount: $0.854 billion.
  • Dec 28, 1988: The SDR rate was $1.34. Amount: $0.260 billion.
  • Dec 28, 1988: The SDR rate was $1.34. Amount: $0.512 billion
  • Sep 16, 1993: The SDR rate was $1.43. Amount: $0.126 billion.
  • Feb 22, 1994: The SDR rate was $1.40. Amount: $0.172 billion.
  • Feb 22, 1994: The SDR rate was $1.40. Amount: $0.241 billion.
  • Dec 13, 1995: The SDR rate was $1.48. Amount: $0.436 billion.
  • Oct 20, 1997: The SDR rate was $1.36. Amount: $0.361 billion.
  • Oct 20, 1997: The SDR rate was $1.36. Amount: $0.154 billion.
  • Nov 29, 2000: The SDR rate was $1.28. Amount: $0.595 billion.
  • Dec 06, 2001: The SDR rate was $1.26. Amount: $1.085 billion.
  • Nov 24, 2008: The SDR rate was $1.48. Amount: $7.305 billion.
  • Sep 04, 2013: The SDR rate was $1.51. Amount: $6.633 billion.
  • Jul 03, 2019: The SDR rate was $1.38. Amount: $1.440 billion.
  • The Ayub Khan-led government took IMF loans on two (02) occasions worth $0.112 billion from 1958 to 1968. It constitutes a meager 0.54 percent share of the total IMF loans.
  • The Zia-ul-Haq-led regime took IMF loans on two (02) occasions worth $1.203 billion from 1980 to 1981. It constitutes a 5.74 percent share of the total IMF loans.
  • The PMLN government took IMF loans on four (04) occasions worth $7.274 billion: $0.126 billion in 1993, $0.515 billion in 1997, and $6.633 billion in 2013. It constitutes another significant 34.72 percent share of the total IMF loans.
  • The Musharraf-led regime took IMF loans on two (02) occasions worth $1.680 billion from 2000 to 2001. It constitutes an 8.02 percent share of the total IMF loans.
  • The PTI government took IMF loans on a single occasion worth $1.440 billion in 2019. It constitutes a 6.87 percent share of the total IMF loans.
Row chart showing shares of IMF loans taken by Pakistani governments
Image by the author. All rights reserved.

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Published Writer @swlh. Writing focused on technology, business and entrepreneurship.

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Rafey Iqbal Rahman

Rafey Iqbal Rahman

Published Writer @swlh. Writing focused on technology, business and entrepreneurship.