Islamabad: President Asif Ali Zardari has reaffirmed Pakistan’s commitment to economic reform in a meeting with Jihad Azour, Director of the International Monetary Fund’s Middle East and Central Asia Department. The President emphasized efforts in revenue mobilization, tax administration, and public sector reforms as part of a comprehensive economic strategy.

According to Radio Pakistan, President Zardari discussed the government’s initiatives to enhance tax documentation, digitize revenue collection, and reduce tax evasion. He outlined Pakistan’s dedication to fiscal sustainability, energy sector reforms, privatization, and social protection, with an emphasis on inclusive and green growth. He praised the IMF’s ongoing support for Pakistan’s reform agenda, acknowledging the organization’s confidence in the country’s efforts under the Extended Fund Facility and the Resilience and Sustainability Facility.

The President referenced the successful completion of the EFF’s fourth review and the RSF’s third review, along with a staff-level agreement, expressing confidence in Pakistan’s economic recovery and stability. He noted the shift from economic stabilization to recovery, with real GDP growth projected to reach 3.7 percent in the 2025-26 fiscal year. Zardari highlighted the support of political stakeholders and provincial governments in meeting reform targets and commitments.

Additionally, President Zardari underscored Pakistan’s commitment to promoting peace amid the ongoing Middle East conflict. Jihad Azour, in his remarks, recognized Pakistan’s active engagement with the IMF and stressed the importance of continued reform efforts for macroeconomic stability and sustainable growth. The meeting was attended by several key officials, including Finance Minister Muhammad Aurangzeb and other distinguished figures.