The IMF acknowledged on Saturday that Pakistan’s economic activity has stabilized, and inflation is gradually declining due to robust policy adjustments.
The country report highlighted eased external pressures since June, with the State Bank of Pakistan rebuilding foreign exchange reserves.
Fiscal performance has improved, achieving a primary surplus in the first quarter of the fiscal year.
Despite these gains, the IMF warned of ongoing challenges.
Caretaker Finance Minister Shamshad Akhtar noted Pakistan’s significant progress toward macro-economic stability, predicting a rebound in growth.
She emphasized the importance of lowering interest rates for thriving capital markets and highlighted efforts to attract foreign direct investment, noting increased business confidence and bullish momentum in the Pakistan Stock Market Index over the last five months.
