Finance ministry refutes speculation of disruptions in IMF program

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MG News | December 03, 2024 at 11:59 AM GMT+05:00

December 03, 2024 (MLN): The IMF program is proceeding smoothly, with no disruptions, as the Government remains fully committed to meeting all the conditionalities and ensuring the successful completion of the 37-month program in close coordination with the IMF staff, according to a press release issued by the Ministry of Finance.

The release further noted that the Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has consistently emphasized the government’s continued commitment to macroeconomic reforms.

In a recent briefing to the National Assembly Standing Committee on Finance, the Minister reiterated that adhering to the IMF program is critical for achieving lasting macroeconomic stability.

Any speculation regarding “hiccups” in the program’s implementation is based on one’s subjective interpretations and lacks credible evidence. 

The government remains focused on maintaining economic stability and fulfilling all obligations under the IMF program with diligence and transparency, aiming to lay the foundation for stronger, sustainable, and inclusive growth.

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