BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday reiterated his government’s commitment to fast-tracking institutional reforms and maintaining macroeconomic stability, declaring that Pakistan is shifting from a phase of recovery to one of sustained growth.

The prime minister made these remarks during a high-level meeting with an International Monetary Fund (IMF) delegation led by Jihad Azour, the IMF’s Director for the Middle East and Central Asia.

Azour’s visit comes amid critical negotiations over Pakistan’s upcoming budget, set to be unveiled on June 2, with discussions reportedly focusing on tax reforms and expenditure rationalisation – key sticking points as Islamabad seeks IMF approval for the next phase of economic support.

Q3FY25: Pakistan economy posts 2.4% growth

In a statement released by the Prime Minister’s Office, Sharif said, “With the grace of Allah, Pakistan is now moving from economic stability towards sustainable growth.”

He stressed that his administration’s foremost priority is to safeguard recent macroeconomic gains while accelerating comprehensive reforms vital for the country’s long-term economic resilience.

The talks focused on the implementation of Pakistan’s ongoing IMF programme, with both sides expressing satisfaction over the pace of reforms and their impact on the economy.

The IMF delegation welcomed the measures introduced by the government and pledged continued support for Pakistan’s agenda aimed at stabilising the economy and fostering inclusive growth.

Senior officials also participated in the meeting, including federal ministers, Muhammad Aurangzeb, Ahsan Iqbal, and Ahad Cheema, as well as Finance Secretary Imdadullah Bosal, Federal Board of Revenue (FBR) Chairman Rashid Mehmood Langrial, and other top officials.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.