PM expresses gratitude to MD IMF for SBA of $3bn

July 14, 2023 Ministries, Official News

Islamabad, July 14, 2023 (PPI-OT): Prime Minister Shehbaz Sharif had a telephonic conversation with Managing Director of the International Monetary Fund Kristalina Georgieva and conveyed profound gratitude to her for support and assistance in materializing the recently concluded Stand-by Agreement for three billion dollars. The prime minister appreciated the IMF managing director for her leadership and professionalism.

The IMF MD said the prime minister built a very convincing case, though the IMF Board was sceptical about Pakistan’s commitment to fulfilling the conditions of agreement due to the past trust deficit. Terming Pakistan an important member of the IMF, she reassured to continue to help the country.

For more information, contact:

Ministry of Information and Broadcasting

Government of Pakistan

4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan

Tel: +92-51-9103557

Email: info@moib.gov.pk

Website: http://www.moib.gov.pk

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