ISLAMABAD: Prime Minister Shehbaz Sharif held a significant meeting with the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, in Paris. This marks their third meeting, reinforcing Pakistan’s unwavering commitment to fulfilling the loan program, according to The News.
Discussion on New Financing Pact:
The meeting took place before the premier’s departure for London and included a fruitful discussion on the new financing pact. The encounter occurred on the sidelines of the world leaders’ summit, where key global issues were being addressed.
PM Shehbaz Acknowledges IMF’s Recognition:
Prime Minister Shehbaz expressed gratitude to the IMF chief for acknowledging Pakistan’s economic situation. He reaffirmed Pakistan’s determination to honor all its commitments and appreciated the world’s assistance in overcoming severe economic challenges.
Balancing Relief and Economic Reality:
Highlighting the importance of striking a balance between providing relief to the people and addressing economic realities, PM Shehbaz emphasized the need to revive the country’s economy. He stressed that restoring economic growth was crucial for meeting the targets set by the IMF.
Revival of Economy and Fulfilling International Commitments:
The prime minister highlighted the necessity of implementing significant measures to restore an economy that had been adversely affected during the previous government’s four-year tenure. He reiterated Pakistan’s commitment to fulfilling its commitments and pledges made to the international community.
Appreciation from IMF Chief:
The IMF chief expressed her appreciation for the prime minister’s resolve in implementing economic reforms. She commended Pakistan’s efforts in navigating economic challenges and achieving stability.
Overseas Pakistanis’ Contributions:
PM Shehbaz, in a tweet, urged overseas Pakistanis to be cautious of malicious propaganda and disinformation aimed at tarnishing the image of Pakistan and its state institutions. He celebrated the invaluable contributions made by overseas Pakistanis to their adopted countries worldwide and expressed pride in their achievements.
Sharing the Government’s Challenges:
During interactions with members of the expatriate community in France, the prime minister explained the circumstances under which the coalition government assumed office and highlighted the immense economic, diplomatic, and political challenges faced over the past year.
Combatting Propaganda and Outlining the Economic Revival Plan:
PM Shehbaz called for vigilance against malicious propaganda and disinformation campaigns. He outlined the broad contours of the Economic Revival Plan, emphasizing the government’s commitment to put the economy back on track through long-term policies. The government’s overarching goal remains achieving economic self-reliance.
Pakistan’s Determination for Economic Recovery:
Prime Minister Shehbaz Sharif’s meeting with IMF Managing Director Kristalina Georgieva in Paris reiterates Pakistan’s commitment to the IMF loan program. The discussions centered around Pakistan’s economic challenges and the government’s resolve to achieve stability and growth. The prime minister also emphasized the need to counter propaganda and outlined the Economic Revival Plan to revitalize the economy.
Published in PakWeb, June 25, 2023.
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