IMF program contributes to economic stability, growth

May 23, 2025 (MLN): The IMF program has played a crucial role in stabilizing Pakistan’s economy and is expected to help foster economic growth, President Asif Ali Zardari said during a meeting with a delegation from the International Monetary Fund (IMF).

The delegation, led by Jihad Azour, Director of the IMF’s Middle East & Central Asia Department, met with President Zardari to discuss Pakistan’s current economic situation and ongoing IMF program.

The president acknowledged and praised the IMF’s positive impact on economic development in Pakistan and other developing countries.

Members of the IMF delegation expressed satisfaction with Pakistan’s economic reforms and the implementation of the IMF program, noting that progress was moving in the right direction.

They highlighted that the program had contributed to lowering inflation and the fiscal deficit while strengthening the country’s foreign exchange reserves, as APP reported.

President Zardari expressed gratitude for the IMF’s continued support and cooperation with Pakistan and also commended the finance ministry for its efforts to improve the national economy.

The meeting was attended by Federal Finance Minister Senator Muhammad Aurangzeb, Senator Saleem Mandviwalla, and senior government officials.

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