IMF representative Esther Perez says that the announcement of financial support to Pakistan by external partners is welcome.
In the statement issued by the IMF on the current situation in Pakistan, the representative of the IMF, Esther Perez, has said that they are reviewing the recent developments in Pakistan.
He said he hoped a peaceful way forward would be found, welcoming the announcement of Pakistan’s financial support from external partners.
As the IMF looks forward to securing the remaining necessary financing assurances, implementation of the revised policy framework in the Ninth Economic Review will be critical, the IMF representative said.
He said that the mini-budget presented in February and adjustment in energy prices are important measures, reduction of import restrictions, market-based exchange rate and support to the weaker sections are important for economic stability.
IMF Representative Esther Peres also said that financing from partners is key to regaining macroeconomic stability.
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