Islamabad:
A senior International Monetary Fund (IMF) said on Sunday that growth across the Middle East, the North African region (MENA) and Pakistan should strengthen in 2025 and beyond, despite an “exceptional uncertainty” which could weigh on global economic prospects.
In a complete conference of guests at the Sustainable Development Policy Institute (SDPI), the resident representative of the IMF for Pakistan Mahir Binici, warned against high trade tensions, geopolitical fragmentation and the weakening of global cooperation.
Binici, according to a press release published here, reaffirmed the continuous IMF support for the Pakistan economic and climate reform program and stressed the urgent need for cautious and prospective political actions.
By focusing on Pakistan, Binici noted that the country’s performance as part of the installation of the Extended IMF fund (EFF) had been “strong so far”, adding that the success of the first review of the IMF executive council in May 2025 was a key step.
Binici stressed that structural reforms remained at the heart of Pakistan’s long -term economic sustainability, in particular reforms that strengthened tax equity, improve the climate of businesses and encourage investment led by the private sector.
“The first political measures contributed to restoring macroeconomic stability and rebuilding the confidence of investors, despite persistent external challenges,” he said. He also underlined Pakistan’s progress on climate -related reforms as part of the IMF resilience and sustiliality installation (RSF).
He said the main fields of reform under the RSF included improving public investment planning, promoting the effective and sustainable use of water resources, improving institutional coordination for preparation and financing of disaster, widening the availability and transparency of climate -related data.
The published press said Binici stressed that support through “the RSF will not only strengthen Pakistan’s climate resilience, but will also help unlock green investments and promote a more concerned economic trajectory”.
The conference was followed by a discussion on fiscal and monetary policy, external stamps and the role of international institutions. Earlier, the executive director of the SDPI, Dr. Abid Qaiyum Suleri, was dilated on multilateral cooperation in the journey of Pakistan to sustainable development.
(With application input)
