Islamabad: Prime Minister Shehbaz Sharif has expressed his satisfaction following a staff-level agreement between Pakistan and the International Monetary Fund (IMF), aimed at bolstering economic stability in the country. The agreement includes a new loan program which, the Prime Minister, will transition Pakistan from stability to sustainable recovery and eventual economic prosperity. He highlighted the government’s resolve to liberate the nation from debt through strategic fiscal and monetary reforms.
According to Ministry of Information and Broadcasting, the Prime Minister applauded the IMF’s role during Pakistan’s challenging periods and acknowledged the critical decisions made to secure the nation’s economic future. He detailed plans to enhance fiscal and monetary policies and broaden the tax base, emphasizing these steps as foundational for sustainable development and prosperity. He also noted significant improvements in foreign exchange reserves and stabilization of the exchange rate, attributing these successes to the government’s ongoing reform agenda.
Prime Minister Sharif remains optimistic about achieving sustained economic growth and development through these initiatives, marking a confident step towards fulfilling Pakistan’s long-term economic goals.