Prior to the initial evaluation of a US$ 7 billion IMF loan scheduled for early in March, Prime Minister Shehbaz Sharif stated that Pakistan’s market is on a journey to long-term treatment kudos to a stabilization program supported by the International Monetary Fund.
The comments came in Sharif’s meeting on Tuesday with Kristalina Georgieva on the sidelines of the World Government Summit ( WGS ) 2025 in Dubai, his office said in a statement.
He underscored the progress made under the IMF’s Extended Fund Facility ( EFF), which has played a key role in stabilising Pakistan’s economy and set it on the path of long-term recovery, it added.
Ahead of the IMF evaluation, the authorities and central banks have expressed assurance about meeting its goals, yet as Pakistan, bolstered by the rescue secured in September, struggles to understand the recovery.
Tuesday’s gathering focused on the economic balance achieved by the president’s agenda for thorough reform under the IMF program.
Conversations highlighted Pakistan’s devotion to adopting architectural changes and maintaining fiscal control under the IMF program, Sharif’s office said.
He reaffirmed his administration’s commitment to sustain reform momentum, particularly in important areas such as taxes, energy reliability and private industry development, it added.
A three-member IMF mission is traveling to Pakistan separately for an evaluation under the EFF program.