IMF Commends Pakistan's Economic Stabilization Efforts and $3 Billion Agreement

Nathan Porter, head of mission of the International Monetary Fund for Pakistan, expressed satisfaction with the recent staff-level agreement on the $3 billion standby arrangement with Pakistan, stating that the current government of Pakistan's policies reflect its determination to stabilize the country's economy. 

He conveyed these sentiments to Masood Khan, Pakistan's ambassador to America. Nathan Porter expressed hope that, with this foundation, we can progress towards reforms to build a strong, prosperous, and inclusive Pakistan. He commended the cooperation and policies of the State Bank of Pakistan in ensuring financial stability in the country.

On this occasion, Masood Khan, Pakistan's ambassador to America, spoke to more than 40 officials of IFIs, expressing gratitude on behalf of the government of Pakistan for their steadfast support in helping the country overcome economic difficulties. 

He remarked that the past year was challenging for Pakistan, navigating through a painful transition and now entering a new phase of stability.