Tuesday August 30, 2022

Revival of IMF Programme Eliminated Default Risk: PM Shehbaz

ISLAMABAD: Prime Minister Shehbaz Sharif while reacting to the International Monetary Fund’s (IMF) executive approval to revive Pakistan’s Extended Fund Facility (EFF) programme, said that the risk of Pakistan’s default has eliminated with the restoration of the IMF programme.

Shehbaz Sharif said that “The IMF programme is a phase, but Pakistan’s goal is economic self-reliance. Reviving the programme will bring economic stability to Pakistan. I congratulate Finance Minister Miftah Ismail and his team for reviving the program. I pray that this is the last programme of the IMF, Pakistan will never need it in the future. “

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