Prime Minister Shehbaz Sharif has emphasized that Pakistan is making steady progress towards meeting the various targets and commitments under the IMF program.During a meeting with Managing Director of IMF Ms. Kristalina Georgieva in New York, he however said that the impact of the recent floods on Pakistan’s economy must be factored into the IMF’s review. The Prime Minister appreciated the IMF\u2019s longstanding constructive partnership with Pakistan saying it has further strengthened under Ms. Georgieva\u2019s leadership. He acknowledged the IMF\u2019s timely support under various instruments, including the Stand By Arrangement for three billion dollars\u00a0 in financial year 2024 followed by the Extended Fund Facility (EFF) of seven\u00a0 billion dollars and Resilience & Sustainability Facility (RSF) of 1.4 billion dollars. Shehbaz Sharif said Pakistan\u2019s economy is showing positive signs of stabilization and is now moving towards recovery with the institution of deep-rooted structural reforms. The Prime Minister appreciated the IMF\u2019s support in this regard that had been instrumental in guiding the Government\u2019s economic reform efforts.\u00a0 The IMF Managing Director expressed her sympathy to all people affected by the floods. She noted the importance of the damage assessment to underpin recovery priorities. The IMF Managing Director commended the Prime Minister\u2019s commitment to pursuing sound macro-economic policies and reiterated the IMF\u2019s continued support<\/p>\n","protected":false},"excerpt":{"rendered":"
Prime Minister Shehbaz Sharif has emphasized that Pakistan is making steady progress towards meeting the various targets and commitments under the IMF program.During a meeting…<\/p>\n","protected":false},"author":1,"featured_media":27755,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[],"class_list":["post-27754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news-updates"],"aioseo_notices":[],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/27754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27754"}],"version-history":[{"count":0,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/27754\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=\/wp\/v2\/media\/27755"}],"wp:attachment":[{"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.diplomacypakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}