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"Prime Minister Muhammad Shehbaz Sharif met with Managing Director International Monetary Fund (IMF) Ms. Kristalina Georgieva on the sidelines of UN General Assembly 2026Prime Minister Muhammad Shehbaz Sharif met with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on the sidelines of the 81st United Nations General Assembly in New York.The Prime Minister appreciated the IMFs continued support for Pakistan's economy and reaffirmed his Government's unwavering commitment to the successful implementation of the IMF-supported reform programme. He particularly appreciated the Managing Director's role in strengthening Pakistan's constructive partnership with the Fund.The Prime Minister reaffirmed the Governments strong ownership of the economic reform agenda and reiterated Pakistans strong resolve to maintain the momentum of reforms and advance structural measures aimed at strengthening the economy and laying the foundations for sustainable and inclusive growth.The Prime Minister further noted that, despite regional conflict and external inflationary pressures, Pakistan was successfully transitioning from macroeconomic stabilization towards a recovery path, supported by prudent fiscal and monetary policies.He highlighted improvements in fiscal discipline, external buffers and investor confidence. He cited the National Tariff Regime, enhanced domestic revenue mobilization, and progress on privatization as examples of Pakistan's efforts.The Prime Minister also underscored the Governments commitment to protecting vulnerable segments of society alongside maintaining economic reforms.The Managing Director appreciated Pakistan's performance under the IMF programme and the Government's efforts for economic stabilization, that were yielding tangible results.The two leaders also discussed Pakistans forthcoming IMF programme review and the continued cooperation between Pakistan and the Fund in advancing reforms, strengthening economic resilience and supporting sustainable growth.Deputy Prime Minister & Foreign Minister Senator Mohammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, Advisor on Privatization Muhammad Ali, SAPM Tariq Fatemi and other senior officials were also present during the meeting."
In a pivotal meeting held on the sidelines of the 81st United Nations General Assembly in New York, Prime Minister Muhammad Shehbaz Sharif engaged with Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF). This meeting underscores Pakistan's ongoing commitment to economic reform and its strategic partnership with the IMF, a crucial support system for the nations financial health.
During the meeting, PM Sharif expressed gratitude for the IMF's unwavering support, emphasizing his governments dedication to implementing a reform agenda bolstered by the Fund. The Prime Minister acknowledged the critical role of Georgieva in cementing a constructive alliance between Pakistan and the IMF, highlighting the collaborative approach necessary for economic recovery.
Pakistani leadership reiterated its commitment to advancing macroeconomic stability and embracing a pathway toward sustainable growth, despite facing significant challenges such as regional conflicts and external inflationary pressures. Positive indicators from the government's recent fiscal policies include improved fiscal discipline, external reserves, and heightened investor confidence. Initiatives like the National Tariff Regime, enhanced domestic revenue mobilization, and privatization efforts are examples of proactive steps being taken to boost the economy.
Georgieva responded favorably to Pakistans progress under the IMF program, praising the governments stabilization efforts that have begun to yield visible results. The continued tie between Pakistan and the Fund is characterized by ongoing discussions about the upcoming review of Pakistan's IMF program, focusing on the necessity of further reforms to fortify economic resilience.
Support from international institutions like the IMF is increasingly vital as Pakistan maneuvers through economic challenges, aiming for long-term stability and growth. The engagement with global financial entities reflects a broader understanding of the importance of cooperative international relationships in managing economic crises.
As the government of Pakistan maintains its reform agenda, the emphasis on protecting vulnerable segments of society alongside economic measures is commendable. Prime Minister Sharifs actions signify a balanced approach to governance that prioritizes economic recovery while ensuring social protection.
The cooperation with the IMF not only strengthens economic foundations but also bolsters confidence among international investors. This strategic partnership is crucial for Pakistan's journey towards achieving sustainable economic development and enhancing the living standards of its citizens.
