The IMF chief has praised the economic reform efforts of Pakistan’s government. She said the country is moving in the right direction. The comments were made during the World Economic Forum.
IMF Managing Director Kristalina Georgieva spoke positively about Prime Minister Shehbaz Sharif. She said she has deep respect for his leadership. She described him as serious about economic reform and development.
According to the IMF chief, Shehbaz Sharif shows strong commitment once he starts a task. She said he focuses on completing goals instead of delaying decisions. This attitude is important for long-term economic stability.
Georgieva said she has held several meetings with the prime minister. These meetings focused on economic targets already agreed with the IMF. They also discussed future development goals for Pakistan.
The IMF chief said the government and its cabinet are taking reforms seriously. She praised their efforts to implement difficult policies. These reforms aim to improve the country’s financial health.
She added that the IMF has worked with Pakistan for a long time. The relationship has remained positive and constructive. Both sides continue to cooperate on economic planning.
Georgieva noted that early results of reforms are now visible. She said budgetary discipline has improved. This has helped control spending and manage resources better.
The IMF chief also highlighted changes in public spending. She said funds are now being used to improve people’s lives. These include social programs and development projects.
She explained that financial reforms are never easy. They require political will and public support. She praised Pakistan for moving forward despite challenges.
According to Georgieva, stability depends on consistent policy decisions. She said sudden changes can harm investor confidence. Pakistan’s current approach shows more consistency.
The IMF managing director said Pakistan still faces economic risks. However, reforms can reduce these risks over time. She encouraged the government to stay focused.
She also stressed the importance of transparency. Clear communication builds trust with investors and international partners. This can support future economic growth.
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The IMF chief concluded by saying Pakistan’s efforts are encouraging. She said continued reforms can strengthen the economy. She remains hopeful about the country’s progress.
