Economy: Pakistan on path of recovery, says PM Sharif

New Delhi: Pakistan’s struggling economy is on the path of long-term recovery because of the stabilisation programme backed by the International Monetary Fund, Prime Minister Shehbaz Sharif said, ahead of the first review of the USD 7 billion IMF bailout set for early March 2025.
His comments came after a meeting with IMF Managing Director Kristalina Georgieva at the World Government Summit 2025 in Dubai, the media reported on Wednesday.

Sharif lauded the progress made in Pakistan’s economic recovery through the EFF, which has played a key role in stabilising its economy and set it on the path of long-term recovery.
Their meeting focused on macroeconomic stability to be achieved by the Pakistan under the IMF programme.
Ahead of the IMF review, the government and central bank expressed confidence about meeting their targets, even as Pakistan, bolstered by the bailout secured in September 2024, struggles to navigate the recovery.
Their discussions highlighted Pakistan’s commitment to adopting structural reforms and maintaining fiscal discipline under the IMF programme, Sharif’s office said.