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Pakistan and IMF Renew Dialogue on Growth and Stability in Davos

At the 56th Annual Meeting of the World Economic Forum in Davos, Switzerland, Pakistan’s Prime Minister Muhammad Shehbaz Sharif held a pivotal discussion with International Monetary Fund Managing Director Kristalina Georgieva, underscoring his government’s commitment to economic stability and reform.

Speaking on the sidelines of the global gathering, Shehbaz Sharif outlined what he described as “improving macroeconomic indicators, stabilisation efforts, and progress on structural reforms.” The prime minister used the meeting to stress Pakistan’s resolve to pursue fiscal discipline and bolster revenue mobilisation as part of securing long-term, sustainable growth.

In response, Georgieva acknowledged the steps taken by Islamabad to strengthen its economy, emphasising the need to maintain reform momentum to ensure the country’s resilience against global headwinds. Both leaders also exchanged perspectives on the broader world economic outlook, with particular reference to the challenges confronting emerging markets and the role of multilateral cooperation in safeguarding stability.

Accompanying Shehbaz Sharif were several senior officials, including Deputy Prime Minister and Foreign Minister Ishaq Dar, Federal Minister for Economic Affairs Ahad Khan Cheema, Federal Minister for Finance and Revenue Muhammad Aurangzeb, and Federal Minister for Information and Broadcasting Attaullah Tarar.

The Davos meeting comes as Pakistan works to project a narrative of economic renewal, attract investment, and reinforce ties with international financial institutions. For the prime minister, the engagement with the IMF chief was a centerpiece of the country’s efforts to balance internal reforms with external confidence.

 

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