IMF Acknowledges Economic Progress in Pakistan

Islamabad:Advisor to Finance Minister Khurram Schehzad has announced that the International Monetary Fund (IMF) has recognized Pakistan's improved economic stability, resilience, and policy credibility.

According to Radio Pakistan, Schehzad highlighted a staff-level agreement between Pakistan and the IMF as an important milestone in the country's economic stabilization and reform efforts. He shared this update on his X handle, emphasizing the significance of the agreement.

Schehzad further stated that Pakistan is showcasing its capability to withstand external shocks, maintain macroeconomic stability, enhance institutional credibility, and regain the confidence of international investors. He noted that the IMF's assessment offers independent validation of Pakistan's macroeconomic stabilization efforts, which are being supported by ongoing reform implementation. He stressed the importance of sustaining and expanding these efforts to continue the positive momentum.

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