Karachi, June 22, 2023: Prime Minister Shehbaz Sharif reaffirmed the Pakistani government’s full commitment to the ongoing Extended Fund Facility (EFF) program of the International Monetary Fund (IMF).
In a tweet, the Prime Minister expressed his satisfaction with the recent meeting he had with the Managing Director of the IMF, Kristalina Georgieva, and the productive exchange of views they had regarding the IMF’s continued engagement with Pakistan.
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During their meeting on the sidelines of the Paris Summit, Prime Minister Shehbaz Sharif and Managing Director Kristalina Georgieva discussed various aspects of the IMF’s cooperation with Pakistan, focusing on policies that would contribute to the maintenance of macroeconomic stability and the promotion of inclusive growth for the Pakistani people.
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In response to a tweet from the IMF Managing Director, Prime Minister Shehbaz Sharif emphasized the government’s unwavering dedication to the ongoing Extended Fund Facility. He stated that all the necessary prior actions for the 9th Review had been completed and expressed the government’s willingness to take further steps in collaboration with the IMF. The Prime Minister also expressed Pakistan’s anticipation for the IMF Board’s approval of the 9th Review at the earliest opportunity.
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The tweet from the IMF Managing Director, Kristalina Georgieva, expressed her delight in meeting Prime Minister Shehbaz Sharif during the Paris Summit. She described the discussions as fruitful, highlighting the focus on close collaboration between the IMF and Pakistan to ensure macroeconomic stability and foster inclusive growth for the Pakistani people.
Prime Minister Shehbaz Sharif’s affirmation of the government’s commitment to the Extended Fund Facility underscores Pakistan’s determination to implement necessary reforms and maintain a stable economic trajectory with the support of the IMF. The nation eagerly awaits the IMF Board’s approval of the 9th Review, signaling continued progress in Pakistan’s economic development.
