PM expresses satisfaction over approval of IMF package

NEW YORK, Sep 25 :Prime Minister Muhammad Shehbaz Sharif on Wednesday expressed satisfaction over the approval of the International Monetary Fund’s (IMF) package of US$7 billion for Pakistan.

The prime minister, in a statement issued by the PM Office, said that the process for economic reforms was underway and after attaining economic stability, efforts would continue to achieve the goals of economic growth and development.

He said the boom in investment and business activities, which was the result of hard work by the government’s economic team, was a welcoming sign.

“Besides notable diplomatic accomplishments, another significant achievement has been the surge in foreign remittances sent by Pakistani expatriates,” the prime minister remarked.

He believed that it could be the last programme with IMF if such progress continued.

The prime Minister thanked the friendly countries, especially Saudi Arabia, China and the United Arab Emirates for extending support concerning the IMF package.

He also extended gratitude to IMF Managing Director Kristalina Georgieva and her entire team.

The PM also thanked the entire government economic team, Deputy PM and Foreign Minister Ishaq Dar; Finance Minister Muhammad Aurangzeb; Army Chief General Syed Asim Munir; Minister of State for Finance Ali Pervaiz Malik; Pakistan’s Ambassador in China Khalil Hashmi; the ambassadors of China, UAE, and Saudi Arabia in Pakistan; and Secretary Finance for their efforts and hard work to get the programme approved.

The prime minister thanked all the provincial governments, especially Punjab Chief Minister Maryam Nawaz, Sindh CM Syed Murad Ali Shah and Balochistan CM Sarfaraz Bugti.

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