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IMF praises Pakistan PM's actions to strengthen economy through reforms

Business Standard LogoBusiness Standard6h ago

IMF praises Pakistan PM's actions to strengthen economy through reforms - Business Standard

Quick Summary:

IMF Managing Director Kristalina Georgieva, who met Sharif during the prime minister's visit to the United Arab Emirates, in a post on X said: I am encouraged by their strong commitment to Pakistan's IMF-supported reforms and support their decisive actions to pave the way to higher growth and more jobs for Pakistan's youthful population.

The International Monetary Fund (IMF) on Wednesday expressed support for decisive actions by Prime Minister Shehbaz Sharif's government for the betterment of Pakistan's economy.

Pakistan and the IMF last year signed a USD 7 billion Extended Fund Facility (EFF) loan programme to help the cash-strapped country tackle its balance of payment issue while implementing tough conditions.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 17:00:40 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 561 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26102737

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 304 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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