| Primary Purpose |
Addresses medium-term balance of payments issues via structural reforms and macroeconomic stability. |
Builds resilience to macro-critical climate, environmental, and health risks through policy reforms. |
| Duration |
3-4 years. |
Up to 20 years (longer-term loans). |
| Target Countries |
Advanced, emerging, and low-income countries. |
Low- and middle-income countries eligible for concessional financing. |
| Financing Terms |
Standard IMF terms; disbursements tied to reviews and performance criteria. |
Concessional (low-interest, long maturity); often pairs with EFF or other programs. |
| Recent Examples |
Pakistan (37-month program, 2024); Jordan (4-year, ongoing reviews). ​ |
Pakistan (US$200M disbursed, 2025); Jordan (US$700M, 2025). ​ |