PM asks IMF to consider flood impact on Pakistan’s economy in review
Prime Minister Shehbaz Sharif held high-level meetings with IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga on the sidelines of the United Nations General Assembly session.
Shehbaz highlighted Pakistan’s reform-driven recovery and calling for global institutions to consider the economic toll of recent floods.
Meeting with IMF MD Georgieva
During his discussion with the IMF chief, Prime Minister Shehbaz Sharif appreciated the long-standing partnership between Pakistan and the IMF, noting that it had strengthened further under Ms Georgieva’s leadership.
He underlined that thanks to sustainable reforms, Pakistan’s economy is now moving steadily toward recovery, with progress being made across various IMF program targets.
The PM specifically urged the IMF to factor in the devastating impact of recent floods on Pakistan’s economy in its upcoming review.
Georgieva expressed sympathy for the flood victims and stressed the importance of properly estimating losses to ensure effective rehabilitation. She also praised Shehbaz Sharif’s commitment to sound macroeconomic policies and reiterated the IMF’s continued support for Pakistan.
Shehbaz’s meeting with World Bank president
In a separate meeting, Prime Minister Shehbaz Sharif engaged with World Bank President Ajay Banga to discuss Pakistan’s reform agenda and development priorities.
He noted that the government’s comprehensive reforms had put Pakistan on a path toward macroeconomic stability, restored investor confidence, and opened new avenues for sustainable development.
