ISLAMABAD: Mission head Nathan Porter, following talks with the authorities here, stated that IMF held constructive talks with Pakistan and pondered over means to reduce vulnerabilities.
The lender and Pakistan agreed to continue prudent fiscal and monetary policies, revenue mobilisation from untapped tax bases, while transferring greater social and development responsibilities to provinces.
IMF stated that structural energy reforms and constructive efforts were critical to restore the sector’s viability. Its strong program implementation can create a more prosperous and more inclusive Pakistan, improving living standards for all citizens.
Nathan Porter said the mission was encouraged by the authorities’ reaffirmed commitment to the economic reforms supported by the 2024 Extended Fund Facility.
Newspakistan.tv
