PM Shehbaz Sharif credits Finance Minister Ishaq Dar for the IMF bailout package!
Pakistan on early Friday reached a staff-level agreement with the International Monetary Fund (IMF) on a $3 billion ‘stand-by arrangement’.
Following the announcement of the deal, PM Shehbaz Sharif in a tweet hailed the signing of the agreement with the IMF saying the deal will help Pakistan in achieving economic stability.
“Alhamdulillah, I am pleased to announce that Pakistan has reached a Staff-Level Agreement with the IMF on a nine-month US$3 billion Stand-By Arrangement. This Arrangement will help strengthen Pakistan’s foreign exchange reserves, enable Pakistan to achieve economic stability, and put the country on the path of sustainable economic growth, Insha’Allah,” he wrote on his official Twitter handle.
PM Shehbaz appreciated Finance Minister Ishaq Dar and his team at the Ministry of Finance for striking a deal with IMF.
“I would also like to thank MD IMF Kristalina Georgieva and her team at the IMF for their cooperation and collaboration, especially during the course of last week,” he added.
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