Pakistan PM Shehbaz Sharif calls for another loan from IMF

In order to stabilize its unstable economy, Pakistan requires a new loan program from the International Monetary Fund (IMF), according to Prime Minister Shehbaz Sharif’s remarks on Tuesday.
PM Sharif made this statement in Islamabad during a ceremony aimed at motivating the nation’s taxpayers.

According to ARY News, the prime minister stated that the government must sign a new IMF agreement in order to maintain stability.

But he added that the government will concentrate on promoting growth, generating employment, and tackling inflation in addition to the IMF program.

According to Shehbaz Sharif, the federal government will work with the provincial governments to solve issues and create favorable conditions for the private sector. He announced that the exporters had received reimbursements totaling 65 billion rupees, and he pledged that going forward, the refunds will be given on schedule. He remarked that in order to increase industry production, we will also work to provide electricity to them at competitive rates.

He said that the Special Investment Facilitation Council’s (SIFC) platform was created to encourage investment. He declared that the CPEC’s second phase will proceed.