PM hopes IMF's SBA to help Pakistan achieve economic stability
Pakistan
The Prime Minister also prayed for this new programme to be the last one for Pakistan.
ISLAMABAD (Dunya News) - Prime Minister Shehbaz Sharif on Friday reiterated that while the International Monetary Fund Stand-by Agreement (SBA) was a much-needed breather, which would help the country achieve economic stability, but the nations were not built through loans.
In a message on his Twitter handle, the Prime Minister referred to his core argument in today’s presser held in Lahore on the occasion of signing of the SBA.
The Prime Minister also prayed for this new programme to be the last one for Pakistan.
The core argument of my presser was that while the IMF Stand-by Agreement is a much-needed breather, which will help the country achieve economic stability, the nations are not built through loans. I pray for this new program to be the last one.
— Shehbaz Sharif (@CMShehbaz) June 30, 2023
My special thanks are due to our…
He further said that under a whole-of-the-government approach, they had worked out an Economic Revival Plan, which would focus on unlocking their strategic potential in agriculture, mine and minerals, defence production and information technology.
The plan would bring up investments of billions of dollars and create job opportunities for four million people, he added.
The prime minister observed that it might be a tough journey and quoted “When the going gets tough, the tough gets going.”
He also expressed his special thanks to friends and partners such as China, Saudi Arabia, United Arab Emirates and Islamic Development Fund for standing by Pakistan at the time of massive economic challenges.
