On May 22, 2025, Prime Minister Shehbaz Sharif reaffirmed Pakistan’s dedication to accelerating institutional reforms and maintaining macroeconomic stability during discussions with an International Monetary Fund (IMF) delegation. The delegation discussed completing the next fiscal year’s budget under the $7 billion Extended Fund Facility under IMF Regional Director for the Middle East and South Asia Jihad Azour.
PM Shehbaz emphasized that Pakistan is transitioning from economic stability to sustainable growth, highlighting the government’s priority to implement comprehensive reforms essential for long-term resilience. The International Monetary Fund recognized the advancements achieved and pledged ongoing assistance for Pakistan’s endeavors aimed at attaining economic stability and fostering inclusive growth.
In a separate meeting, PM Shehbaz met with a World Bank delegation headed by Managing Director of Operations Anna Bjerde. He expressed commitment to effectively executing the economic reform program to maximize the benefits from the World Bank’s development investments. The discussions also touched upon the World Bank’s Country Partnership Framework, which aims to provide over $20 billion in development assistance to Pakistan.
