ISLAMABAD: Prime Minister (PM) Shehbaz Sharif held a gathering with Managing Director of the Worldwide Financial Fund (IMF) Kristalina Georgieva whereby either side mentioned Pakistan’s ongoing IMF program and the macroeconomic stability achieved by means of the federal government’s complete reform agenda.
The assembly held on the sidelines of the World Governments Summit (WGS) 2025 in Dubai, highlighted Pakistan’s dedication to implementing structural reforms and sustaining fiscal self-discipline, which had been instrumental in restoring financial stability and can be important in driving sustainable development, in accordance with a PM Workplace press launch issued Wednesday.
Prime Minister Shehbaz Sharif underscored the progress made beneath the IMF’s Prolonged Fund Facility (EFF), which has performed a key function in stabilizing Pakistan’s economic system; setting it on the trail of long-term restoration.
He reaffirmed the federal government’s resolve to maintain the reform momentum, significantly in important areas comparable to tax reform, vitality sector effectivity, and personal sector growth.
He assured the IMF chief of Pakistan’s dedication to financial prudence, effectivity, and sustainability as important pillars for attaining inclusive and sustained development.
Kristalina Georgieva counseled Pakistan’s efforts in successfully implementing the IMF-supported program, highlighting the nation’s bettering financial efficiency with rising development and declining inflation. She acknowledged that Pakistan is on the trail to development and has undergone financial restoration.
The IMF Managing Director additionally acknowledged Prime Minister Shehbaz Sharif’s management and private dedication to driving the nation’s reform agenda, which has been important in attaining financial stability and progress.
She reiterated the IMF’s continued assist for Pakistan’s reform agenda, emphasizing the significance of sustained fiscal self-discipline, structural reforms, and good governance to make sure long-term financial stability and development.