A delegation from the International Monetary Fund (IMF), led by Jihad Azour, met with Pakistan’s President Asif Ali Zardari in Islamabad on Friday to discuss the country’s financial situation and the ongoing IMF program.
Finance Minister Muhammad Aurangzeb, Senator Saleem Mandviwalla and other senior officials also attended the meeting.
The president praised the IMF’s support for Pakistan and said the program had helped to stabilize the economy and would further spur growth.
He also acknowledged the IMF’s broader contribution to economic development in new markets and noticed its important role in Pakistan’s own progress.
The IMF delegation expressed satisfaction with Pakistan’s financial reforms and described the current program as “to move in the right direction.”
The delegation members emphasized that the program had helped reduce inflation and tax deficits and strengthen Pakistan’s currency reserves.
Thanks to the IMF for its continued support and cooperation with Pakistan, President Zardari also valued the Ministry of Finance for his efforts to improve the national economy.
Earlier on Thursday, Prime Minister Shehbaz Sharif confirmed his government’s decision to accelerate institutional reforms and consolidate macroeconomic stability and said Pakistan is now changing from improvement to sustained growth.
“With Allah’s grace, Pakistan is now moving from economic stability to sustainable growth,” said Shearif Sharif during a high -level meeting with a delegation from the International Monetary Fund (IMF) led by Jihad Azour in PM’s office.
He emphasized that the government’s highest priority was not only to maintain macroeconomic gains, but also to accelerate extensive institutional reforms, crucial to long -term resilience.
Discussions during the meeting were centered on the implementation of Pakistan’s current International Monetary Fund (IMF) program.
Both sides expressed satisfaction with regard to progress and the positive impact of ongoing reforms.
The IMF delegation greeted the reforms made by Islamabad and secured continued support for Pakistan’s economic stabilization and inclusive growth agenda.
