Islamabad, 3 September 2024 (TDI): Prime Minister Muhammad Shehbaz Sharif reaffirmed Pakistan’s commitment to adhering to the conditions set forth under the International Monetary Fund (IMF) program. PM emphasized that the government is fully committee to implement the measures required under the IMF agreement and the program is closely monitored.
Commitment to Economic Stability
Prime Minister Shehbaz Sharif emphasized the importance of the IMF program to key government officials and economic advisors. “Meeting the IMF’s conditions are essential for bringing the country’s financial stability and economic growth.” He added.
“The program we have with the IMF, the conditions that they have, it is under supervision and we are fully taking steps for it.” The Prime Minister stated.
Supervised Implementation
However, Prime Minister Shehbaz Sharif ensured that all the aspects of the IMF program are under strict supervision. Relevant ministries and departments actively engage in satisfying that each condition is met in an efficient manner. The government established mechanism to implement the measures.
On the other hand, Prime Minister also emphasized that the measures are not only difficult to maintain IMF program but also represent broader objectives of securing Pakistan’s long-term economic stability. The government identifies the challenges it poses but also promises for the future development.
Focus on Reforms and Public Betterment
The Prime Minister addressed the issues about the impact of the IMF conditions on general public. He admitted that while some of the requirements may be challenging. The government will try to balance the need for economic reform with the welfare of the people.
“Our main focus remains on implementing these reforms in a way that does not affect the well-being of our citizens,” the PM remarked. The government is working to provide relief where possible that the burden is equally shared.
Looking Ahead
Prime Minister is fully confident to meet the IMF conditions and overcome further challenges. Collaboration with International partner, including IMF will support Pakistan’s economy and development. Collective national efforts will restore investor confidence, attract foreign investment and assure economic development.
At last, the government remains dedicated to implementing necessary reforms to stabilize economy and achieve long-term prosperity. The road ahead may be challenging but government will resolve all barriers to ensure economic stability. Pakistan continues to navigate the complexities of economic recovery. The IMF program has been playing an important role in country’s financial strategy.
