PM Shehbaz Sharif IMF’s Georgieva on Pakistan’s Improving macroeconomic indicators
Premier underscores Pakistan’s commitment to fiscal discipline, revenue mobilization, and sustainable growth
DAVOS: Prime Minister Shehbaz Sharif on Wednesday met International Monetary Fund (IMF) Managing Director Kristalina Georgieva and briefed her on Pakistan’s improving macroeconomic indicators, ongoing stabilisation measures, and progress on structural reforms.
The meeting took place on the sidelines of the 56th Annual Meeting of the World Economic Forum in Davos, according to a statement issued by the Prime Minister’s Office (PMO).
During the interaction, the prime minister reiterated Pakistan’s commitment to fiscal discipline, revenue mobilisation, and achieving sustainable economic growth. He highlighted recent improvements in key economic indicators and the government’s efforts to strengthen structural reforms.
The IMF managing director acknowledged and appreciated Pakistan’s reform initiatives, stressing the need to maintain reform momentum to ensure long-term economic resilience. Both sides also exchanged views on the global economic outlook, challenges faced by emerging economies, and the role of multilateral support in preserving economic stability, the PMO said.
The meeting was attended by Deputy Prime Minister and Foreign Minister Ishaq Dar, Federal Minister for Economic Affairs Ahad Khan Cheema, Federal Minister for Finance and Revenue Muhammad Aurangzeb, and Federal Minister for Information and Broadcasting Attaullah Tarar.
Meanwhile, the IMF has revised Pakistan’s economic growth outlook downward, cutting its gross domestic product (GDP) growth projection for the current fiscal year to 3.2 per cent from the 3.6 per cent estimated in its October 2025 World Economic Outlook.
In its latest report, World Economic Outlook 2026 Update: Global Economy — Steady Amid Divergent Forces, the IMF projected Pakistan’s GDP growth at 3 per cent in 2025, rising to 3.2 per cent in fiscal year 2026 and 4.1 per cent in 2027.
Separately, the World Bank has forecast Pakistan’s GDP growth to remain at 3 per cent in fiscal year 2025–26, before increasing to 3.4 per cent in fiscal year 2026–27.
