PR No. 131
PRIME MINISTER MEETS IMF MANAGING DIRECTOR
Islamabad: February 12, 2025

Prime Minister Muhammad Shehbaz Sharif held a meeting with Ms. Kristalina Georgieva, Managing Director (MD) of the International Monetary Fund (IMF), on the sidelines of the World Government Summit (WGS) 2025. The meeting focused on Pakistan’s ongoing IMF program and the macroeconomic stability achieved through the government’s comprehensive reform agenda. The discussions highlighted Pakistan’s commitment to implementing structural reforms and maintaining fiscal discipline, which have been instrumental in restoring economic stability and will be critical in driving sustainable growth, going forward. Prime Minister Shehbaz Sharif underscored the progress made under the IMF’s Extended Fund Facility (EFF), which has played a key role in stabilizing Pakistan’s economy; setting it on the path of long-term recovery. He reaffirmed the government’s resolve to sustaining the reform momentum, particularly in critical areas such as tax reform, energy sector efficiency, and private sector development. The Prime Minister assured Ms. Georgieva of Pakistan’s commitment to economic prudence, efficiency, and sustainability as essential pillars for achieving inclusive and sustained growth. Ms. Georgieva commended Pakistan’s efforts in effectively implementing the IMF-supported program, highlighting the country’s improving economic performance with rising growth and declining inflation. She recognized that Pakistan is on the path to growth and has undergone economic recovery. The IMF Managing Director also acknowledged Prime Minister Shehbaz Sharif’s leadership and personal commitment to driving the country’s reform agenda, which has been critical in achieving economic stability and progress. She reiterated the IMF’s continued support for Pakistan’s reform agenda, emphasizing the importance of sustained fiscal discipline, structural reforms, and good governance to ensure long-term economic stability and growth.

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