The International Monetary Fund (IMF) is expected to approve a relief package for Pakistan soon.
This package is part of an agreement aimed at supporting Pakistan’s efforts to achieve macroeconomic stability and promote stronger, more inclusive growth.
The agreement was reached after IMF staff and Pakistani authorities discussed economic policies and reforms during a staff visit to Islamabad.
The relief package focuses on key areas such as strengthening fiscal and monetary policy, broadening the tax base, improving State-Owned Enterprises’ management, and enhancing human capital. It also aims to promote private sector growth, reduce inflation, and build strong external buffers.
The approval of the relief package is crucial for Pakistan’s economic stability and growth. It will provide the necessary support for the country to overcome its economic challenges and achieve sustainable development.
The IMF’s support is expected to have a positive impact on Pakistan’s economy and improve the living standards of its citizens.
