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Pakistan Briefs IMF Chief on Economic Reforms and Growth Prospects at Davos

Prime Minister Shehbaz Sharif yesterday briefed IMF Managing Director Kristalina Georgieva on Pakistan’s improving macroeconomic indicators, stabilization measures, and progress in structural reforms.

According to sources, the Prime Minister’s Office (PMO) stated that during a meeting with the IMF chief on the sidelines of the 56th Annual Meeting of the World Economic Forum in Davos, Switzerland, the Prime Minister emphasized Pakistan’s fiscal discipline, revenue collection, and commitment to sustainable development. The PMO statement said, “The Prime Minister informed the Managing Director about Pakistan’s improving macroeconomic indicators, stabilization measures, and progress in structural reforms.”

The IMF Managing Director acknowledged and appreciated Pakistan’s reform efforts and stressed the importance of maintaining the pace of reforms to ensure long-term economic strength. According to the PMO, both sides exchanged views on the global economic outlook, challenges faced by emerging economies, and the importance of multilateral support in safeguarding economic stability.

The meeting was attended by Deputy Prime Minister and Foreign Minister Ishaq Dar, Federal Minister for Economic Affairs Auhad Khan Cheema, Federal Minister for Finance and Revenue Muhammad Aurangzeb, and Federal Minister for Information and Broadcasting Attaullah Tarar.

For the current fiscal year, Pakistan’s GDP estimate has been revised down from 3.6 percent projected in the October 2025 World Economic Outlook to 3.2 percent. The IMF’s latest report, “World Economic Outlook 2026 Update: Global Economy – Stability Among Diverging Forces,” forecasts Pakistan’s GDP growth at 3 percent in 2025, 3.2 percent in 2026, and up to 4.1 percent in 2027. The World Bank projects Pakistan’s GDP growth at 3 percent for FY 2025–26 and 3.4 percent for FY 2026–27.

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