Pakistan

Christine Lagarde congratulates PM Nawaz

Lagarde said she was encouraged that the prime minister planned to continue pushing ahead with reforms

APP November 03, 2016

Lagarde said she was encouraged that the prime minister planned to continue pushing ahead with reforms. PHOTO: REUTERS

ISLAMABAD: International Monetary Fund (IMF) Managing Director Christine Lagarde has congratulated Prime Minister Nawaz Sharif on the completion of country’s IMF-supported economic reform programme.

In a letter addressed to the prime minister the IMF chief said, “Pakistan has achieved a great deal over the past three years, and I congratulate you and your colleagues on the completion of your IMF-supported economic reform programme which helped restore macroeconomic stability and strengthen economy’s resilience.”

Pakistan's economy is out of danger, says IMF chief

Lagarde said she was encouraged that the prime minister planned to continue pushing ahead with reforms.

She assured that the IMF will be ready to support Pakistan in its endeavors in any way possible. Referring to her recent visit, Legarde said, “it was a pleasure for me to visit Pakistan and meet with you and your economic team. I truly enjoyed my first visit to Pakistan and the engaging conversations we have had about the progress and future direction of your economic reform program.”

Published in The Express Tribune, November 4^th, 2016.

COMMENTS (6)

Salim | 8 years ago | Reply @bashgul: I may add despite the drastic fall in oil prices.

Ahmed | 8 years ago | Reply PML-N has brought such prosperity to Pakistan with such amazing projects like Metro which have incurred nothing but losses and will continue to do so for the rest of our lives but hey they got to put on a show and get more votes from the uneducated. They still havent tackled the Load shedding issue which they keep promising will be fixed "Soon" .

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FAZ | 8 years ago | Reply @Humza: I am confused. Can you please clarify if you are criticizing IK for his dharna policy or you mean to suggest that the nation should let go the Prime Minister and his family of corruption charges because in your words, "all western reports point to an improving economy in Pakistan"?

Gaz | 8 years ago | Reply @Humza: I don't need western reports I can analyse the official figures myself, The economy is growing at 3 to 4 percent the same it was under PPP although they had a world wide recession and high oil prices, its growing at half of all our neighbours and half of what it was during Musharraf ere.

bashgul | 8 years ago | Reply What reforms? State owned enterprises are loosing billions, covering up power plants circular debts. The amount of taxes imposed in the utility bills, these are to please their IMF masters. When people are pushed upto the wall to talk against corruption, then dharnas and jalsas are the only solution. Finally the Supreme Court took action.

Humza | 8 years ago | Reply If people do not realize that things will only get worse with Imran Khan dharnas that only destabilize the nation, they are doing the country a great disservice. When all western reports point to an improving economy in Pakistan, why can't people just work together to ensure more of the same so that the country reaches its potential?

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