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Homepage Blog National PM Holds Third Meeting with IMF Chief, Hopes for Loan Program Completion
GovernmentNational

PM Holds Third Meeting with IMF Chief, Hopes for Loan Program Completion

By
Zarghona Jannat
Last updated: June 25, 2023
3 Min Read
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Shehbaz Sharif
Shehbaz Sharif

Prime Minister Shehbaz Sharif recently met with the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, in Paris to reaffirm Pakistan’s commitment to completing the loan program with the financial institution. This was the third meeting between the prime minister and the IMF chief, taking place on the sidelines of a summit for world leaders discussing a new financing pact.

During the meeting, Prime Minister Shehbaz Sharif commended the IMF managing director for considering Pakistan’s economic realities. He emphasized Pakistan’s determination to fulfill all its commitments and expressed gratitude for the assistance provided by the international community in addressing the country’s severe economic challenges. Despite facing additional difficulties caused by recent floods, the government has prioritized providing relief to its citizens, recognizing their right to support during challenging economic times.

The prime minister stressed the importance of striking a balance between providing relief to the people and addressing economic realities. He highlighted the need to revive the economy, which suffered setbacks during the previous government’s four-year tenure, in order to achieve the targets set by the IMF. Pakistan is committed to fulfilling its commitments and pledges to the international community, as it works towards restoring the economy and meeting its goals.

The IMF chief expressed appreciation for the prime minister’s resolve. In a tweet, Prime Minister Shehbaz Sharif cautioned overseas Pakistanis to be cautious of malicious propaganda and disinformation campaigns aimed at tarnishing Pakistan’s image and its state institutions. He also expressed his pleasure in meeting and interacting with the Pakistani diaspora in France, acknowledging their significant contributions to their adopted countries worldwide. The prime minister shed light on the circumstances under which the coalition government assumed office and the challenges it has faced in the past year, including the tragic incidents of May 9.

During the interaction, the prime minister outlined the broad contours of the Economic Revival Plan aimed at putting the economy back on track through long-term policies. He emphasized that achieving economic self-reliance remains the government’s overarching goal.

Prime Minister Shehbaz Sharif’s meeting with the IMF chief reflects Pakistan’s commitment to addressing its economic challenges and fulfilling its obligations. The discussions between the two parties indicate the government’s determination to revive the economy and strive for long-term stability. Overseas Pakistanis play a vital role in the country’s progress, and their contributions are celebrated and valued by the government.

TAGGED:Access to financeeconomic issueseconomygovernmentIMFnationalnational newsnews pakistan
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