IMF team discusses Pakistan's economic program in Islamabad

Web DeskMay 24, 2024 07:05 AMbusiness
  • IMF team visits Islamabad to discuss Pakistan's economic program
  • Focus on transitioning Pakistan to sustainable growth through economic program
  • Importance of structural reforms highlighted for economic stability and growth
IMF team discusses Pakistan's economic program in IslamabadImage Credits: thenews.com.pk
An IMF team visited Islamabad to discuss Pakistan's economic program under the EFF, focusing on transitioning to sustainable growth through structural reforms and policy actions.

An International Monetary Fund (IMF) team recently visited Islamabad to discuss Pakistan's proposed economic program, which is eligible for support under the Extended Fund Facility (EFF). The program is designed to help transition Pakistan from economic stabilization to robust, inclusive, and sustainable growth.

The discussions between the IMF team and Pakistani officials focused on the key components of the economic program, which aims to address the country's economic challenges and lay the foundation for long-term growth. The program includes measures to improve fiscal sustainability, enhance revenue generation, and promote investment in key sectors of the economy.

During the meetings, both sides exchanged views on the importance of implementing structural reforms to boost productivity, create jobs, and improve the overall business environment in Pakistan. The IMF team emphasized the need for strong policy actions and effective implementation to ensure the success of the economic program.

The visit of the IMF team to Islamabad signals a significant step towards strengthening Pakistan's economy and fostering sustainable development. The discussions held during the visit are expected to pave the way for continued collaboration between Pakistan and the IMF in achieving their shared goal of promoting economic stability and growth in the country.

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