Pakistan's PM Shehbaz Sharif Unveils Ambitious Fiscal Targets

Web DeskJune 10, 2024 11:06 AMpolitics
  • Government aims to bolster stance for IMF financial aid package
  • Prime Minister committed to implementing demanding reforms
  • Pressure mounts due to soaring inflation, unemployment, and job scarcity
Pakistan's PM Shehbaz Sharif Unveils Ambitious Fiscal TargetsImage Credits: dawn.com
Pakistan's coalition government, led by Prime Minister Shehbaz Sharif, prepares to announce ambitious fiscal targets in the upcoming budget to address economic challenges and seek IMF support amidst rising inflation and unemployment.

Pakistan's coalition government is gearing up to reveal its ambitious fiscal targets in the upcoming 2024/2025 budget, which is slated for announcement on Wednesday. These financial objectives hold significant importance as the government aims to bolster its stance while seeking a fresh financial aid package from the International Monetary Fund (IMF).

Prime Minister Shehbaz Sharif, who assumed office following the February elections, has made a public commitment to implementing demanding reforms to address the country's economic challenges. Despite this pledge, the government is under increasing pressure due to issues such as soaring inflation rates, a surge in unemployment figures, and a scarcity of job opportunities.

The coalition government in Pakistan, led by Prime Minister Shehbaz Sharif, is on the verge of announcing its fiscal targets for the upcoming financial year. These goals are crucial for securing support from international financial institutions like the IMF, which play a vital role in stabilizing the country's economy.

As Pakistan's coalition government prepares to unveil its fiscal goals in the 2024/2025 budget, the nation braces for potential economic reforms and challenges ahead. With Prime Minister Shehbaz Sharif's commitment to implementing tough measures, the government aims to address pressing issues such as inflation and unemployment. The outcome of these fiscal targets will not only impact Pakistan's economic landscape but also shape its future trajectory.

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