IMF pats Nawaz on completion of economic reform program

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International Monetary Fund (IMF) Managing Director Christine Lagarde has congratulated Prime Minister Muhammad Nawaz on the completion of country’s IMF-supported economic reform program.

“Pakistan has achieved a great deal over the past three years, and I congratulate you and your colleagues on the completion of your IMF-supported economic reform programme which helped restore macroeconomic stability and strengthen economy’s resilience,” the IMF MD said in a letter addressed to Prime Minister Sharif.

Christine Lagarde, who recently visited Pakistan, said she was encouraged to see that Prime Minister Sharif planned to continue pushing ahead with reforms to facilitate a deeper structural transformation of the economy and set it on a path of higher and more inclusive growth.

The IMF would be ready to support Pakistan in its endeavours in any way possible, she assured.

Referring to her recent visit, the MD said, “It was a pleasure for me to visit Pakistan and meet with you and your economic team. I truly enjoyed my first visit to Pakistan and the engaging conversations we have had about the progress and future direction of your economic reform program.”

“Allow me to express my gratitude for your hospitality, and the excellent cooperation between Pakistan and IMF,” she added.

She also wrote a letter to Finance Minister Senator Ishaq Dar after her visit to Pakistan and assured that IMF would be ready to support Pakistan in its endeavours in any way possible.

She said that she had engaging conversations with both sides about the progress and future direction of Pakistan’s economic reform programme. She congratulated the Finance minister and his colleagues on the completion of IMF supported economic reform programme which helped restore macroeconomic stability and strengthened the country’s resilience .