By Mahpara Zaman<\/p>\n
NEW YORK: International Monetary Fund (IMF) Managing Director Kristalina Georgieva has said that strong implementation of Pakistan\u2019s reform programme has helped preserve economic stability, restore confidence and regain market access.<\/p>\n
Georgieva made the remarks after a meeting with Prime Minister Shehbaz Sharif on the sidelines of the 81st session of the United Nations General Assembly in New York. The two sides discussed Pakistan\u2019s economic reforms and the country\u2019s forthcoming IMF programme review.<\/p>\n
\u201cStrong implementation has helped preserve stability, restore confidence and regain market access,\u201d Georgieva said in a post on X.<\/p>\n
She added that continued reforms would help lift economic growth and improve people\u2019s lives.<\/p>\n
During the meeting, Prime Minister Shehbaz appreciated the IMF\u2019s continued support for Pakistan\u2019s economy and reaffirmed his government\u2019s commitment to implementing the IMF-supported reform programme. He also praised Georgieva\u2019s personal role in strengthening the constructive partnership between Pakistan and the Fund.<\/p>\n
The prime minister said Pakistan was steadily moving from macroeconomic stabilisation towards economic recovery despite regional conflict and external inflationary pressures.<\/p>\n
\u201cI reaffirmed our government\u2019s strong ownership of the reform agenda and our resolve to stay the course,\u201d the premier said in a social media post.<\/p>\n
\u201cDespite regional conflict and external inflationary pressures, Pakistan is steadily moving from macroeconomic stabilisation towards economic recovery, with improved fiscal discipline, stronger external buffers and growing investor confidence,\u201d he stressed.<\/p>\n
Shehbaz highlighted improvements in fiscal discipline, external buffers and investor confidence, while pointing to measures including the National Tariff Regime, increased domestic revenue mobilisation and progress on privatisation.<\/p>\n
He also stressed that economic reforms would continue alongside efforts to protect vulnerable sections of society.<\/p>\n
The IMF managing director appreciated Pakistan\u2019s performance under the global lender\u2019s programme and the government\u2019s efforts towards economic stabilisation, saying these efforts were producing tangible results.<\/p>\n
The two sides also discussed Pakistan\u2019s forthcoming IMF programme review and continued cooperation to advance reforms, strengthen economic resilience and support sustainable growth.<\/p>\n
Deputy Prime Minister and Foreign Minister Ishaq Dar, Finance Minister Muhammad Aurangzeb, Adviser on Privatisation Muhammad Ali, Special Assistant to the Prime Minister Tariq Fatemi and other senior officials attended the meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"
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