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Pakistan restricts supplementary grants under IMF conditions

By Business Desk September 22, 2026 Business & Finance
Pakistan restricts

ISLAMABAD: Pakistan’s Finance Ministry has decided to restrict supplementary budget grants beyond the limits approved by Parliament, except in cases involving severe natural disasters, as part of efforts to comply with conditions under the International Monetary Fund’s $7 billion Extended Fund Facility.

The ministry’s Budget Wing has developed a strategy for reallocating funds and providing additional financing during the current fiscal year.

Under the new guidelines, funds that cannot be provided through re-appropriation or technical supplementary grants will require the relevant principal accounting officer to submit a strong justification and acceptable reasons for seeking a supplementary grant.

The Finance Ministry said the measures are aimed at ensuring greater budgetary discipline and controlling unplanned expenditures during the implementation of the IMF program.

The guidelines will apply during the current and future financial years to all principal accounting officers, government departments, institutions, subordinate offices and accounting organizations and offices.

Under the policy, requests for additional spending beyond the budget approved by Parliament will generally not be considered, with severe natural disasters identified as an exception.