Prime Minister Shehbaz Sharif has expressed strong optimism about the country’s economic future, stating that Pakistan’s long-awaited dream of sustainable economic growth will soon be realized, with ongoing reforms beginning to show concrete results.
IMF’s Positive Response Boosts Confidence
Reacting to the IMF’s approval of the latest $1.2 billion tranche under its ongoing program, the Prime Minister said the global lender’s satisfaction reflects the effective implementation of economic reforms introduced by the government.
He emphasized that the IMF’s approval is a clear indication that Pakistan is taking the necessary steps toward economic stability and long-term growth, giving confidence to domestic and international stakeholders.
Key Role of Institutions and Economic Team
Shehbaz Sharif credited Field Marshal Syed Asim Munir for playing a crucial support role in implementing the reforms and stabilizing the economy. He also praised the economic team, especially the Finance Minister, for their hard work and dedication, calling the IMF’s acknowledgment a “direct result of their consistent efforts.”
From Default Risk to Stability
The Prime Minister noted that steering Pakistan away from the brink of economic default and placing it on the path toward recovery was an incredibly difficult process.
He acknowledged the sacrifices made by:
- Political parties, who set aside political interests
- The nation, which endured economic hardships
— all in order to achieve national economic stability.
Digital Reforms Gaining Global Recognition
Shehbaz Sharif further stated that Pakistan’s economic reforms and the government’s digitization initiatives have now become a successful global case study, showing the world how coordinated reforms can stabilize a struggling economy.
A Vision for Long-Term Prosperity
The Prime Minister reassured the nation that he will continue working tirelessly for:
- Public welfare,
- Poverty reduction, and
- Complete freedom from external debt.
He stressed that the journey toward full economic independence requires continued hard work, but expressed confidence that Pakistan will soon break free from its debt burden and become a self-reliant, economically strong nation.
