The Managing Director, International Monetary Fund (IMF), Ms. Christine Lagarde today called on the Prime Minister on the sidelines of the 68th Session of the UNGA. The Prime Minister briefed the IMF head about his government’s commitment to implementing the structural reforms and meeting the growth and inflation targets in line with his overall vision of reforming the economy. In this context, the Prime Minister underlined the priority areas of his economic policy including broadening the tax system, privatization reforms in the public sector entities and managing the fiscal deficit.
Ms. Lagarde noted with appreciation the steps initiated by the Government of Pakistan with regard to introducing the tough but essential actions to stabilize the economy. She added that the Extended Fund Facility of $ 6.64 billion approved by the IMF Board should help the Government of Pakistan to improve the medium term growth outlook and help move towards sustainable fiscal and macro-economic stability