NEW YORK: Prime Minister Shahbaz Sharif met with the Managing Director of the International Monetary Fund (IMF) Ms. Kristalina Georgieva on the sidelines of the 79th Session of the UN General Assembly in New York.
Appreciating the collaboration with IMF for successful Staff Level Agreement (SLA) for a 37 month, US$ 7 billion Extended Fund Facility (EFF) for Pakistan, the prime minister highlighted the government’s commitment to implementing structural reforms and promoting private sector development.
The prime minister also expressed appreciation for the IMF’s technical assistance and capacity-building programs, which have helped to strengthen the country’s institutions and improve its economic management.
The IMF managing director expressed the Fund’s support for Pakistan’s efforts and emphasized the importance of maintaining macroeconomic stability and promoting inclusive and sustainable growth.
During the meeting, they also discussed the urgent need of mobilizing adaptation financing for climate change.
Prime Minister Shahbaz Sharif agreed to have the Finance Minister take up this critical issue with senior management at the IMF during the Annual Meetings in October.
The two leaders agreed to strengthen cooperation between the government and the IMF to promote economic stability and growth.
 Ms. Kristalina Georgieva on the sidelines of the 79th Session of the UN General Assembly in New York.){kind=link}