Pakistan sees economy on long-term recovery path under IMF program

ISLAMABAD — 

Pakistan's system is connected a way to semipermanent recovery, acknowledgment to a stabilization programme backed by the International Monetary Fund, Prime Minister Shehbaz Sharif said up of a archetypal reappraisal of a $7-billion IMF bailout acceptable for aboriginal successful March.

The comments came successful Sharif's gathering connected Tuesday with Kristalina Georgieva connected the sidelines of the World Government Summit 2025 successful Dubai, his bureau said successful a statement.

He underscored the advancement made nether the IMF's Extended Fund Facility (EFF), which has played a cardinal relation successful stabilizing Pakistan's system and acceptable it connected the way of semipermanent recovery, it added.

Ahead of the IMF review, the authorities and cardinal slope person expressed assurance astir gathering its targets, adjacent arsenic Pakistan, bolstered by the bailout secured successful September, struggles to navigate the recovery.

Tuesday's gathering focused connected the macroeconomic stability, achieved by the government's docket for broad betterment nether the IMF program.

Discussions highlighted Pakistan's committedness to adopting structural reforms and maintaining fiscal subject nether the IMF program, Sharif's bureau said.

He reaffirmed his government's resoluteness to support betterment momentum, peculiarly successful captious areas specified arsenic taxes, vigor ratio and backstage assemblage development, it added.

A three-member IMF mission, separately, is presently successful Pakistan for a an assessment nether the EFF program.