AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: Finance Minister Muhammad Aurangzeb has hailed national support for structural reforms. Opening today’s meeting of the Economic Coordination Committee (ECC) in Islamabad, he noted that this collective commitment and disciplined implementation had been central to strengthening Pakistan’s economic management and stability.
According to Radio Pakistan, Aurangzeb welcomed the IMF Executive Board’s announcement confirming completion of the second Extended Fund Facility (EFF) review, which allows Pakistan to draw about one billion dollars. Additionally, the first review under the Resilience and Sustainability Facility (RSF) enables an additional 200 million dollars for the country.
He highlighted the IMF’s acknowledgment that Pakistan’s strong program implementation had maintained stability and improved financing and external conditions, despite the recent devastating floods.