Islamabad:
A senior official of the International Monetary Fund (IMF) said Sunday that growth in the Middle East, the North Africa (Mena) and Pakistan were expected to be strengthened in 2025 and beyond, despite the “exceptional uncertainty” that could weigh on the global economic perspective.
At a comprehensive guest conference at the Institute of Sustainable Development Policy (SDPI), IMF resident representative for Pakistan Mahir Binici, warned against high commercial tensions, geopolitical fragmentation and the weakening of global cooperation.
Binici, according to a press release issued here, reaffirmed the continuous support of the IMF to the economic and climatic reform of Pakistan and stressed the urgent need for prudent and prudent political actions.
Focusing on Pakistan, Binici said that the country’s performance under the installation of extended funds (EFF) of the IMF had been “strong so far”, and added that the successful completion of the first review by the IMF Executive Board in May 2025 was a key milestone.
Binici emphasized that structural reforms were maintained central for the long -term economic sustainability of Pakistan, particularly the reforms that strengthened fiscal equity, improve business climate and encourage investment led by the private sector.
“The first policy measures have helped restore macroeconomic stability and reconstruct the confidence of investors, despite the persistent external challenges,” he said. He also highlighted Pakistan’s progress in climate -related reforms under the IMF resilience and sustainability (RSF).
He said that the key reform areas under the RSF included improving public investment planning, promoting the efficient and sustainable use of water resources, improving institutional coordination for disaster preparation and financing, expanding the availability and transparency of climate -related data.
The published press said that Binici emphasized that support through “the RSF will not only strengthen Pakistan’s climate resilience, but will also help unlock green investments and foster a more conscious economic trajectory of the climate.”
The conference was followed by a discussion about fiscal and monetary policies, external shock absorbers and the role of international institutions. Previously, the executive director of SDPI, Dr. Abid Qaiyum Suleri, expanded in multilateral cooperation on Pakistan’s trip to sustainable development.
(With application entry)
