PM Hails IMF Support as Pakistan Shows Signs of Economic Recovery
New York: Prime Minister [Name] praised the International Monetary Fund (IMF) for its enduring support to Pakistan during a meeting with IMF Managing Director Kristalina Georgieva on the sidelines of the 80th UN General Assembly session.
The Prime Minister highlighted the IMF’s constructive partnership with Pakistan, noting that this collaboration has strengthened under Georgieva’s leadership. He expressed gratitude for the Fund’s timely assistance through various programs, including the $3 billion Stand-By Arrangement for FY 2024, the $7 billion Extended Fund Facility (EFF), and the $1.4 billion Resilience and Sustainability Facility (RSF).
“Today, with deep-rooted structural reforms in place, Pakistan’s economy is showing positive signs of stabilization and is moving towards recovery,” the Prime Minister said. He also thanked the IMF for its pivotal role in guiding the country’s economic reform efforts.
The IMF Managing Director extended her sympathies to all those affected by recent floods, emphasizing the importance of thorough damage assessments to guide recovery priorities. She also commended the Prime Minister’s commitment to sound macroeconomic policies and reaffirmed the IMF’s continued support as Pakistan implements key reforms to ensure sustainable long-term growth.
Mutib Khalid is a skilled content writer and digital marketer with a knack for crafting compelling narratives and optimizing digital strategies. Excel in creating engaging content that drives results and enhances online presence. Passionate about blending creativity with data-driven approaches, Mutib Khalid helps brands connect with their audience and achieve their goals.