Shehbaz Sharif meets IMF Managing Director Kristalina Georgieva

IMF-Managing-Director-Kristalina-Georgieva

The Prime Minister of Pakistan, Mian Muhammad Shehbaz Sharif met the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on the sidelines of the Summit for a New Global Financial Pact being held in Paris, France.

According to the media reports, views were exchanged on the ongoing programs and cooperation between Pakistan and IMF during the meeting. Recalling their recent telephone conversation on 27 May 2023, PM Shehbaz Sharif apprised Georgieva of Pakistan’s economic outlook.

On this occasion, the Prime Minister of Pakistan outlined the steps taken by the incumbent Government for economic growth and stability. He underscored that all prior actions for the 9th Review under the Extended Fund Facility had been completed and the Government of Pakistan was fully committed to fulfilling its obligations as agreed with the IMF.

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Shehbaz Sharif expressed the hope that the funds allocated under the IMF’s EFF would be released as soon as possible. This would help strengthen Pakistan’s ongoing efforts toward economic stabilization and bring relief to its people.

IMF Managing Director Kristalina Georgieva shared her institution’s perspective on the ongoing review process. The meeting provided a useful opportunity to take stock of the progress in that context.

Federal Minister for Climate Change and Environmental Coordination, Sherry Rehman; Federal Minister for Economic Affairs, Sardar Ayaz Sadiq; Federal Minister for Information and Broadcasting, Marriyum Aurangzeb; Minister of State for Finance and Revenue, Aisha Ghaus Pasha; Special Assistant to PM, Tariq Fatemi and Pakistan’s Ambassador to France, Asim Iftikhar Ahmad attended the meeting.

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