The International Monetary Fund Managing Director Christine Lagarde in her meeting with Pakistani Prime Minister Imran Khan said on Sunday that economic reforms would enable Pakistan to restore the resilience of its economy and lay the foundations for stronger and more inclusive growth, Trend reported citing Geo.tv.
Prime Minister Imran Khan on Sunday met with Christine Lagarde on the sidelines of the World Government Summit in Dubai.
In a statement issued by Lagarde it said that “I had a good and constructive meeting with Prime Minister Khan, during which we discussed recent economic developments and prospects for Pakistan in the context of ongoing discussions toward an IMF-supported program.
“I reiterated that the IMF stands ready to support Pakistan. I also highlighted that decisive policies and a strong package of economic reforms would enable Pakistan to restore the resilience of its economy and lay the foundations for stronger and more inclusive growth. As emphasized in the new government’s policy agenda, protecting the poor and strengthening governance are key priorities to improve people’s living standards in a sustainable manner.”
Pakistan is seeking its 13th bailout since the late 1980s to deal with a current account deficit that threatens to trigger a balance of payments crisis, but talks have been delayed by difficulties in reconciling IMF reform demands with Islamabad’s fears the push is too drastic and could hurt economic growth.