ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif expressed his satisfaction over reaching of Pakistan’s staff-level agreement with.
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif expressed his satisfaction over reaching of Pakistan’s staff-level agreement with the International Monetary Fund for a new $7 billion loan programme.
“IMF programme proved vital in steering Pakistan out of financial straits,” quoted the prime minister as saying.The prime minister observed that the new loaning programme would further strengthen the economy of Pakistan, ushering in a new era of economic prosperity and end to foreign loans.The prime minister thanked the IMF for its support in the difficult times and said that the government was continuing efforts towards strengthening of economy.
During the previous one year, the country’s foreign reserves had swelled leading to economic stability, he noted. He also expressed his resolve to stabilize Pakistan and take it to sustainable development, adding that they could achieve success on the day, once they get rid of loans.
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