The International Monetary Fund (IMF) Managing Director Kristalina Georgieva has met Prime Minister Shehbaz Sharif during his visit to the United Arab Emirates and assured him of the lender’s support for the government’s decisive actions regarding the programme, according to a statement released on Wednesday.
In a post on X, she said, “Wonderful to meet Prime Minister @CMShehbaz and his team.”
“I am encouraged by their strong commitment to Pakistan’s IMF-supported reforms and support their decisive actions to pave the way to higher growth and more jobs for Pakistan’s youthful population.”
This statement comes amid the IMF team’s visit to the country for a week-long scrutiny of the judicial and regulatory system as part of the ongoing $7bn Extended Fund Facility (EFF) to address governance and corruption vulnerabilities
The team will examine six key governance-related sectors and institutions, according to a statement from the Ministry of Finance.
According to a statement from the Prime Minister’s Office (PMO) on Wednesday, the premier held a meeting with the IMF chief on the sidelines of the World Governments Summit (WGS) 2025 in Dubai, where both sides discussed Pakistan’s ongoing IMF programme and the macroeconomic stability achieved through the government’s comprehensive reform agenda.
Furthermore, the meeting focused on Pakistan’s commitment to implementing structural reforms and maintaining fiscal discipline, “which had been instrumental in restoring economic stability and would be critical in driving sustainable growth”.
The prime minister talked about the progress made under the programme, attributing the progress to the bailout deal.
Furthermore, he reaffirmed the government’s resolve to sustain reforms, particularly in areas such as tax reforms, energy sector efficiency, and private sector development.
According to the press release, the IMF chief commended the country’s efforts “in effectively implementing the IMF-supported programme, highlighting the countrys improving economic performance with rising growth and declining inflation”.
She recognised that Pakistan was “on the path to growth and has undergone economic recovery”, further reiterating the IMF’s support for its reform agenda.
More to follow
- Desk Reporthttps://foresightmags.com/author/admin/