Pakistan PM Reaffirms Government’s Commitment to Reforms Agreed with IMF

Wed Nov 15 2023
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ISLAMABAD: Pakistan’s Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday reaffirmed the government’s enduring commitment to the reform efforts agreed with the International Monetary Fund (IMF) as these were aimed at stabilizing the Pakistan’s economy in the long run.

IMF Mission Chief for Pakistan Nathan Porter and Resident Representative for Pakistan Esther Perez Tuiz called on the PM and apprised him of the status of the talks held at the technical levels with the team of the government of Pakistan under the First Review of the Stand-By Arrangement, the PM Office Media Wing said in a press note.

The prime minister thanked the IMF team for its ongoing work with Pakistan and commended the leadership of Caretaker Minister for Finance and Revenue Dr Shamshaf Akhtar and the contribution of her team in taking the programme forward.

He also lauded the role of the Governor of the State Bank of Pakistan (SBP).

The caretaker minister for finance, the Federal Board of Revenue chairman, the State Bank of Pakistan governor, and senior government officials were also present in the meeting.

IMF Mission Chief Acknowledges Pakistan’s Efforts

Nathan Porter acknowledged the efforts made by Pakistan in meeting the different programme quarterly targets.

He said that the efforts had resulted in a positive conclusion of the technical-level negotiations.

He added that both the teams had extensive negotiations on various aspects of the SBA and commended the role played by the finance minister and her team and the SBP governor along with his team in technical-level talks.

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