Pakistan’s Finance Minister, Muhammad Aurangzeb, announced discussions on a new IMF program in mid-April.
This follows Prime Minister Sharif’s suggestion of a potential three-year plan.
While a new loan is expected soon, Pakistan seeks a long-term strategy. Aurangzeb highlighted positive economic signs like a strong agricultural harvest and a stable exchange rate.
He credited past IMF agreements for these improvements.
He also commented on progress in privatizing PIA and outsourcing airports, emphasizing the government’s role in setting policy and attracting private investment.
Looking ahead, the Minister outlined a plan to minimize economic losses and improve tax collection.