{"id":286,"date":"2026-09-24T16:49:09","date_gmt":"2026-09-24T16:49:09","guid":{"rendered":"https:\/\/goodforfree.com\/index.php\/2026\/09\/24\/imf-chief-praises-pakistans-economic-turnaround-as-shehbaz-pledges-no-u-turn-on-reforms\/"},"modified":"2026-09-24T16:49:09","modified_gmt":"2026-09-24T16:49:09","slug":"imf-chief-praises-pakistans-economic-turnaround-as-shehbaz-pledges-no-u-turn-on-reforms","status":"publish","type":"post","link":"https:\/\/goodforfree.com\/index.php\/2026\/09\/24\/imf-chief-praises-pakistans-economic-turnaround-as-shehbaz-pledges-no-u-turn-on-reforms\/","title":{"rendered":"IMF Chief Praises Pakistan’s Economic Turnaround as Shehbaz Pledges ‘No U-Turn’ on Reforms"},"content":{"rendered":"
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Pakistan’s economic reform journey received a major international endorsement this week as the head of the International Monetary Fund lauded the country’s progress in stabilizing its economy and regaining investor trust.<\/p>\n

IMF Managing Director Kristalina Georgieva met Prime Minister Shehbaz Sharif in New York during the United Nations General Assembly session, where she credited Pakistan’s disciplined implementation of reform measures for preserving economic stability and reopening access to international markets.<\/p>\n

The high-level meeting comes at a critical juncture for Pakistan’s economy, which has been navigating turbulent waters marked by inflation, external pressures, and the lingering effects of regional conflicts. Georgieva emphasized that sustained reform efforts would be essential for lifting economic growth and improving living standards for ordinary Pakistanis.<\/p>\n

Prime Minister Shehbaz used the occasion to reaffirm his government’s unwavering commitment to the IMF-backed reform agenda, declaring that Pakistan would “stay the course” despite challenges. He outlined how the country is transitioning from emergency stabilization mode toward genuine economic recovery, pointing to tangible improvements in fiscal management, foreign exchange reserves, and business sentiment.<\/p>\n

The premier highlighted several concrete policy achievements, including the rollout of a new National Tariff Regime, enhanced domestic revenue collection efforts, and forward movement on privatizing state-owned enterprises. He stressed that economic discipline would continue hand-in-hand with social protection measures for vulnerable communities.<\/p>\n

Separately, the Asian Development Bank released projections showing Pakistan’s economic growth holding steady at 3.7 percent for the current fiscal year. The Manila-based institution noted that while growth has been broad-based across services, manufacturing, and agriculture, expensive energy costs and external uncertainties could constrain faster expansion.<\/p>\n

The ADB report acknowledged that Pakistan’s economy has made meaningful strides in strengthening stability over the past two years, with overall foreign exchange reserves rising and private investment climbing by 8.6 percent amid lower interest rates and improved confidence.<\/p>\n

Both international financial institutions emphasized that continued reform implementation and private sector investment would be crucial for achieving inclusive, sustainable growth. An expected improvement in Pakistan’s sovereign credit rating could further boost private investment flows.<\/p>\n

The meetings in New York also covered Pakistan’s upcoming IMF programme review, with senior officials including Deputy Prime Minister Ishaq Dar and Finance Minister Muhammad Aurangzeb participating in discussions on advancing reforms and building economic resilience.<\/p>\n

While regional conflicts and global inflationary pressures continue to pose headwinds, the international community’s recognition of Pakistan’s reform efforts signals growing confidence in the country’s economic trajectory. For millions of Pakistanis watching inflation and job prospects closely, the question now is whether these policy gains can translate into tangible improvements in daily life.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pakistan’s economic reform journey received a major international endorsement this week as the head of the International Monetary Fund lauded the country’s progress in stabilizing its economy and regaining investor trust. IMF Managing Director Kristalina<\/p>\n","protected":false},"author":1,"featured_media":285,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[3,9,4],"class_list":["post-286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-ai-consensus","tag-geo-news","tag-journalist-ai"],"featured_image_url":"https:\/\/goodforfree.com\/wp-content\/uploads\/2026\/09\/imf-chief-praises-pakistan-s-economic-turnaround-as-shehbaz-pledges-no-u-turn-on-reforms.png","read_time":"3 min read","source_name":"Goodforfree","_links":{"self":[{"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/posts\/286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/comments?post=286"}],"version-history":[{"count":0,"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/posts\/286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/media\/285"}],"wp:attachment":[{"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/media?parent=286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/categories?post=286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodforfree.com\/index.php\/wp-json\/wp\/v2\/tags?post=286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}