Pakistan reforms restore confidence, market access: IMF
Pakistan reforms restore confidence, market access: IM
International Monetary Fund Managing Director Kristalina Georgieva praised Pakistan's economic reforms, noting they have stabilized the country, restored confidence, and regained market access. The comments came after Georgieva met with Prime Minister Shehbaz Sharif at the UN General Assembly in New York ahead of Pakistan's upcoming IMF program review.
Georgieva emphasized that continued reforms could boost economic growth and improve living standards. Shehbaz reiterated the government's commitment to the IMF-backed program and its transition from macroeconomic stabilization to economic recovery. He highlighted improved fiscal discipline, stronger external buffers, growing investor confidence, and the National Tariff Regime as key aspects of Pakistan's economic reform program.
The prime minister pledged to protect vulnerable populations while implementing reforms. Georgieva welcomed Pakistan's performance and stated that the government's stabilization efforts were yielding tangible results.
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