Pakistan's Economy Stabilizes Under IMF Program, PM Claims Improvement

Pakistan's economy is showing signs of significant improvement, largely attributed to the stabilisation programme backed by the International Monetary Fund (IMF). Prime Minister Shehbaz Sharif highlighted ongoing reforms and macroeconomic stability during his meetings in Dubai, noting a rise in exports and record remittances of $3 billion in January. The government aims to maintain this momentum, focusing on critical areas such as IT, agriculture, and mineral resources, with plans to train young professionals in these sectors. Additionally, positive ratings from international agencies have led to increased investor confidence and a stabilized stock market, with foreign exchange reserves reportedly reaching $12 billion. Sharif's administration is committed to structural reforms and fiscal discipline to ensure long-term economic recovery. As Pakistan navigates this recovery, the upcoming IMF review will be crucial in assessing the progress and future direction of its economic policies.