Senator Aurangzeb, IMF’s Dan Katz welcome staff-level agreement
MG News | October 12, 2026 at 04:51 PM GMT+05:00
October 12, 2026 (MLN): Pakistan and the International
Monetary Fund (IMF) have welcomed the staff-level agreement and acknowledged
improvements in fiscal performance, foreign exchange reserves, inflation and
external sector stability, while discussing Pakistan’s macroeconomic stabilisation,
progress under the IMF-supported programme and ongoing structural reforms.
Finance Minister Muhammad Aurangzeb met
IMF First Deputy Managing Director Dan Katz on the sidelines of the World Bank
Group-IMF Annual Meetings 2026 in Bangkok, Thailand, said a press release
issued.
He pointed to better investor
confidence, sovereign credit rating upgrades and renewed access to
international capital markets, and reaffirmed the government’s commitment to
fiscal discipline, tax reforms, privatisation and sustainable economic growth.
The talks also covered the impact of
the Middle East conflict on energy prices and inflation, including targeted
relief for vulnerable households within fiscal constraints, and both sides
reaffirmed their commitment to continued cooperation to safeguard macroeconomic
stability against external challenges.
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