IMF mission gives sunny outlook of Pakistan’s economic situation as review ends
Statesman Report
ISLAMABAD: Pakistan has achieved all of its economic goals in terms of performance, the International Monetary Fund (IMF) said in an end-of-mission press release issued Friday pertaining to its 10-day talks with the government.
“Considerable progress has been made in the last few months in advancing reforms and continuing with sound economic policies,” the global financial body said.
The IMF further noted in its statement that “all end-December performance criteria were met and structural benchmarks have been completed” and in terms of performance, Pakistan achieved all economic targets.
“Steadfast progress on program implementation will pave the way for the International Monetary Fund Executive Board’s consideration of the review,” it said, adding that “development and social spending have been accelerated” through programme implementation.