Pakistan and IMF Reaffirm Commitment to Economic Stability


Bangkok: Pakistan and the International Monetary Fund (IMF) have reiterated their commitment to maintaining macroeconomic stability amidst external challenges. This assurance came during a meeting between Pakistan’s Finance Minister, Muhammad Aurangzeb, and IMF’s First Deputy Managing Director, Dan Katz, on the sidelines of the World Bank Group-IMF Annual Meetings in Bangkok, Thailand.



According to Radio Pakistan, the discussions focused on Pakistan’s macroeconomic stability, progress under the IMF-supported program, and ongoing structural reforms. The Finance Minister emphasized improvements in investor confidence, sovereign credit rating upgrades, and renewed access to international capital markets. He further affirmed Pakistan’s dedication to fiscal discipline, tax reforms, privatization, and sustainable economic growth.



Both parties expressed satisfaction over the staff-level agreement and recognized advancements in fiscal performance, foreign exchange reserves, inflation, and external sector stability. Additionally, the talks addressed the effects of the Middle East conflict on energy prices and inflation, as well as the provision of targeted relief for vulnerable households within fiscal constraints.

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