MM Report
DAVOS: The International Monetary Fund’s Managing Director, Kristalina Georgieva, praised Pakistan’s recent reform efforts and stressed the need to sustain momentum to ensure long-term economic resilience.
Her remarks came during a meeting with Prime Minister Shehbaz Sharif on the sidelines of the 56th Annual Meeting of the World Economic Forum in Davos. During the discussion, Prime Minister Sharif briefed Georgieva on Pakistan’s improving macroeconomic indicators, ongoing stabilization measures, and progress on structural reforms.
PM Shehbaz highlighted the government’s commitment to fiscal discipline, enhanced revenue mobilization, and policies aimed at promoting sustainable growth, signaling a more predictable and investor-friendly economic environment. Both leaders exchanged perspectives on the global economic landscape, with a focus on the challenges facing emerging economies.
Georgieva emphasized that sustained reforms and disciplined policy implementation were key to weathering external shocks and maintaining confidence among international investors. The meeting also touched on the importance of multilateral cooperation and support in safeguarding economic stability, particularly for countries navigating complex fiscal and financial pressures.
Analysts said the discussion reflected Pakistan’s efforts to project itself as a responsible participant in the global economy, keen to align domestic reforms with international expectations. The meeting was seen as an opportunity to reaffirm the IMF’s continued engagement with Pakistan and to signal to global markets that the country is making tangible progress in strengthening its economic fundamentals.
