Under the active $7 billion Extended Fund Facility (EFF) program Prime Minister Shehbaz Sharif received positive praise from the International Monetary Fund (IMF) for his government’s straightforward actions that lead Pakistan’s economy to stability and expansion.
IMF Managing Director Kristalina Georgieva congratulated Prime Minister Sharif during their Dubai meeting at the World Governments Summit on Pakistan’s dedication to economic reforms. Georgieva expressed encouragement about Pakistan’s dedicated support for IMF-supported reforms as well as its decisive measures to create job opportunities for its young population on X platform.
The discussions concentrated on reforming Pakistan’s macroeconomic stability by working on improving taxes and enhancing energy sector efficiency together with attracting more private sector investment. The IMF chief proclaimed that Pakistan was functioning economically better by showing enhancing growth rates along with falling inflation rates.
During his attendance at a Pakistani conference Finance Minister Muhammad Aurangzeb emphasized three primary reform areas that included taxation along with state-owned enterprises (SOEs) and public finance restructuring. The IMF director expressed full appreciation towards the prime minister for his role in advancing important economic transformations.
The Pakistan assessment by the IMF team explored governance and regulatory structures that would combat corruption risks during the reform period.
PM Shehbaz demonstrated his governing administration will continue economic reforms to establish Pakistan as a financially stable nation with sustainable development.