PM Shehbaz Welcomes IMF Staff-Level Agreement

Prime Minister Shehbaz Sharif

Islamabad, October 15, 2025 – Prime Minister Shehbaz Sharif on Wednesday expressed deep satisfaction over Pakistan’s successful staff-level agreement (SLA) with the International Monetary Fund (IMF) for a $1 billion tranche, describing it as a strong reflection of the country’s improved economic fundamentals and renewed investor confidence.

In a statement following the IMF agreement under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), Shehbaz said the development highlights the global lender’s trust in Pakistan’s ongoing economic recovery and reform agenda. He added that the IMF’s acknowledgment of Pakistan’s macroeconomic progress is a testament to the government’s effective fiscal management and reform-oriented policies.

The prime minister praised the efforts of the federal finance minister, minister of state for finance, finance secretary, and their entire team for their dedication and professionalism that led to the conclusion of this agreement. Shehbaz noted that despite global economic challenges, Pakistan’s economy is “moving in the right direction” and pledged to continue implementing policies that ensure stability, growth, and prosperity for all citizens.

“The economy is showing encouraging signs of recovery, and we will take all necessary steps to maintain this positive momentum,” Shehbaz emphasized.

Earlier, the IMF announced that its mission, led by Iva Petrova, held extensive discussions with Pakistani officials between September 24 and October 8, 2025, in Karachi, Islamabad, and Washington, D.C. The staff-level agreement paves the way for the disbursement of $1.2 billion, pending IMF Executive Board approval.

The accord marks a significant step in Pakistan’s commitment to fiscal discipline, economic reform, and sustainable development under Shehbaz Sharif’s leadership.