International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Wednesday said strong implementation of Pakistan’s reform program has helped preserve economic stability, restore confidence and regain market access.
Meeting with Prime Minister Shehbaz Sharif on the sidelines of the 81st United Nations General Assembly in New York, she discussed ongoing economic reforms and the country’s forthcoming IMF program review. “Strong implementation has helped preserve stability, restore confidence and regain market access,” she wrote of the meeting on X.
She said continued reforms would help lift economic growth and improve people’s lives.
According to a statement, the prime minister appreciated the IMF’s continued support for Pakistan’s economy and reaffirmed his government’s commitment to implementing the IMF-supported reform program. He also praised Georgieva’s personal role in strengthening the constructive partnership between Pakistan and the Fund.
Sharif said Pakistan was steadily moving from macroeconomic stabilization toward economic recovery despite regional conflict and external inflationary pressures. “I reaffirmed our government’s strong ownership of the reform agenda and our resolve to stay the course,” he wrote on X.
“Despite regional conflict and external inflationary pressures, Pakistan is steadily moving from macroeconomic stabilization towards economic recovery, with improved fiscal discipline, stronger external buffers and growing investor confidence,” he said.
The prime minister also highlighted improvements in fiscal discipline, external buffers and investor confidence, while pointing to measures including the National Tariff Regime, increased domestic revenue mobilization and progress on privatization. He said economic reforms would continue alongside efforts to protect vulnerable sections of society.
The IMF managing director maintained the government’s efforts toward economic stabilization were producing tangible results.
Both sides also discussed Pakistan’s forthcoming IMF program review and continued cooperation to advance reforms, strengthen economic resilience and support sustainable growth.