IMF praised Pakistan's economic reforms: Finance Minister

IMF praised Pakistan's economic reforms: Finance Minister

Business

He shared insights from his key meeting with the IMF Managing Director

Follow on
Follow us on Google News
Advertisement
0 seconds of 0 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
00:00
00:00
 

KARACHI (Dunya News) - Federal Finance Minister Muhammad Aurangzeb stated that the International Monetary Fund (IMF) has appreciated Pakistan’s efforts toward economic growth and reforms, highlighting macroeconomic stability as a positive outcome of government policies.

Speaking at a conference organised by the Securities Exchange in Karachi, the finance minister shared insights from his key meeting with the IMF Managing Director.

He discussed taxation, energy, and state-owned enterprise (SOE) reforms, emphasising that Pakistan's economic stability was the result of effective policymaking.

Aurangzeb noted that IMF MD Kristalina Georgieva acknowledged Pakistan’s efforts in implementing the IMF program. He also mentioned improvements in the agriculture sector and stressed the importance of addressing climate change through productive discussions.

He reiterated that the government’s role was to provide a policy framework, not to engage in business operations directly.

While acknowledging financial constraints, he emphasised the need for collaboration among all stakeholders, particularly in the insurance sector, and called for a strategic approach to sustain economic progress.