Prime Minister Shehbaz Sharif reassured International Monetary Fund (IMF) Managing Director Kristalina Georgieva of Pakistan’s commitment to ongoing reforms aimed at economic stability.
During their meeting at the World Governments Summit (WGS) 2025 in Dubai, they discussed Pakistan’s ongoing IMF program and the economic stability achieved through comprehensive reforms.
An IMF mission is currently in Pakistan to conduct a Governance and Corruption Diagnostic Assessment under the 2024 Extended Fund Facility (EFF). The team has already met with Chief Justice Yahya Afridi as part of their review process.
Pakistan, which has been benefiting from a $7 billion IMF facility since September, is undergoing economic recovery. The IMF is set to assess the country’s progress by March, and both the government and central bank remain confident in meeting set targets.
During the Dubai meeting, Pakistan reiterated its commitment to structural reforms and fiscal discipline, which have been key to stabilizing the economy and ensuring sustainable growth, according to a statement from the Prime Minister’s Office.
Shehbaz Sharif highlighted the progress made under the IMF’s EFF, emphasizing that it has been instrumental in stabilizing Pakistan’s economy and setting it on a path to long-term recovery.
The prime minister also reaffirmed the government’s determination to continue reforms, focusing on tax policies, energy sector efficiency, and private sector growth.
He assured the IMF chief of Pakistan’s commitment to financial prudence, operational efficiency, and sustainability as essential pillars for inclusive and long-term economic growth.
Kristalina Georgieva praised Pakistan’s efforts in successfully implementing IMF-backed reforms, noting the country’s improving economic performance, rising growth, and declining inflation.
She acknowledged Pakistan’s progress on the path to economic recovery and credited Shehbaz Sharif’s leadership in driving crucial reforms.
The IMF chief reaffirmed continued support for Pakistan’s reform agenda, stressing the need for sustained fiscal discipline, structural improvements, and strong governance to ensure long-term stability and economic prosperity.
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