International Monetary Fund (IMF) Managing Director (MD) Kristalina Georgieva has admitted that Pakistan is moving towards development after the economy stabilizes. In a meeting with Prime Minister Shehbaz Sharif, Kristalina Georgieva appreciated the efforts of the Pakistani government for effectively implementing the IMF program.
According to a statement issued by the Prime Minister’s Office, IMF Managing Director Kristalina Georgieva met Prime Minister Shehbaz Sharif yesterday on the sidelines of the World Governments Summit (WGS) 2025 in Dubai. On this occasion, Pakistan’s ongoing IMF program and the macroeconomic stability achieved through government reforms were discussed.
During the meeting, Pakistan’s commitment to implementing institutional reforms and maintaining fiscal discipline was highlighted, which are of key importance for restoring Pakistan’s economic stability and sustainable development and future in the country.
Prime Minister Shehbaz Sharif highlighted the importance of the progress made under the IMF’s Extended Fund Facility, which played a key role in stabilizing Pakistan’s economy and putting it on the path to long-term recovery.
Prime Minister Shehbaz Sharif reiterated the government’s commitment to maintaining the momentum of reforms, especially in key areas such as tax reform, improved energy sector performance, and private sector development.
The Prime Minister assured Managing Director Kristalina Georgieva of the government’s commitment to Pakistan’s economic stabilization strategy, effective performance, and sustainability of planning, which are key components for achieving inclusive and sustainable growth in Pakistan.
IMF Managing Director Kristalina Georgieva commended the government of Pakistan for its efforts in effectively implementing the IMF-supported program, saying that the country’s economy is on the path to growth after stabilization and is performing well with inflation declining. She also acknowledged that Pakistan is on the path to growth after achieving economic recovery.
Kristalina Georgieva also praised the leadership and personal commitment of Prime Minister Shehbaz Sharif for implementing the country’s reform agenda, who has played a significant role in achieving Pakistan’s economic stability and growth.
The IMF Managing Director reiterated the IMF’s commitment to supporting Pakistan’s reform agenda, emphasizing the importance of continued fiscal discipline, institutional reforms, and effective governance to ensure long-term economic stability.
Meanwhile, IMF Managing Director Kristalina Georgieva described her meeting with Prime Minister Shehbaz Sharif as positive in her ex-post.
Kristalina Georgieva wrote in her ex-post that it was great to meet Prime Minister Shehbaz Sharif and his team. I encourage their strong commitment to IMF reforms in Pakistan and support their decisive actions to pave the way for higher growth and more jobs for Pakistan’s young population.
