IMF lauds Pakistan’s ‘strong’ economic reform progress
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
- Binici says growth in Pakistan expected to strengthen in 2025 and beyond
International Monetary Fund (IMF)‘s Resident Representative for Pakistan Mahir Binici has reaffirmed continued support for Pakistan’s economic and climate reform agenda, while appreciating the South Asian country’s strong economic reform progress.
Addressing economists, researchers and policy experts at Sustainable Development Policy Institute in Islamabad, Binici said the growth across the Middle East and Pakistan is expected to strengthen in 2025 and beyond, state-run Radio Pakistan reported.
He, however, underlined urgent need for prudent and forward-looking policy actions.
Focusing on Pakistan, the IMF official said the country’s performance under the IMF’s Extended Fund Facility has been strong so far.
He said early policy measures have helped restore macroeconomic stability and rebuild investor confidence, despite persistent external challenges.
Binici also highlighted Pakistan’s progress on climate-related reforms under the IMF’s Resilience and Sustainability Facility.
Reference Link:- https://www.brecorder.com/news/40372459
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
