NEW YORK: Prime Minister Muhammad Shehbaz Sharif met with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on the sidelines of the 81st United Nations General Assembly, here on late Wednesday.
The Prime Minister appreciated the IMF’s continued support for Pakistan’s economy and reaffirmed his government’s unwavering commitment to the successful implementation of the IMF-supported reform programme. He particularly appreciated the Managing Director’s role in strengthening Pakistan’s constructive partnership with the Fund.
The Prime Minister reaffirmed the government’s strong ownership of the economic reform agenda and reiterated Pakistan’s strong resolve to maintain the momentum of reforms and advance structural measures aimed at strengthening the economy and laying the foundations for sustainable and inclusive growth.
The Prime Minister further noted that, despite regional conflict and external inflationary pressures, Pakistan was successfully transitioning from macroeconomic stabilization towards a recovery path, supported by prudent fiscal and monetary policies.
He highlighted improvements in fiscal discipline, external buffers and investor confidence. He cited the National Tariff Regime, enhanced domestic revenue mobilization, and progress on privatization as examples of Pakistan’s efforts.
The Prime Minister also underscored the Government’s commitment to protecting vulnerable segments of society alongside maintaining economic reforms.
The Managing Director appreciated Pakistan’s performance under the IMF programme and the Government’s efforts for economic stabilization, that were yielding tangible results.
The two leaders also discussed Pakistan’s forthcoming IMF programme review and the continued cooperation between Pakistan and the Fund in advancing reforms, strengthening economic resilience and supporting sustainable growth.
Deputy Prime Minister & Foreign Minister Senator Mohammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, Advisor on Privatization Muhammad Ali, SAPM Tariq Fatemi and other senior officials were also present during the meeting.
Comments