IMF notes gradual improvement in Pakistan's economic stability
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IMF notes gradual improvement in Pakistan’s economic stability
ISLAMABAD (Dunya News) – The International Monetary Fund (IMF) has praised Pakistan’s progress toward economic stability.
The IMF’s representative, Esther Perez Ruiz, highlighted the commendable efforts since 2023 to stabilise the economy during a briefing at the Sustainable Development Policy Institute.
She emphasised the importance of maintaining both micro and macroeconomic balance, noting improvement in reserves, reduced inflation and greater confidence in policymaking.
Perez Ruiz pointed out that strong polices are needed for the successful implementation of the 2024 Extended Fund Facility (EEF).
Key reforms include expanding the tax net base to the agricultural sector and increasing tax revenue from retail and real estate.
She also stressed the importance of energy price reforms to support economic growth. This marks the 21st IMF programme in Pakistan.
