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IMF Delegation Meets President Zardari to Review Economic Progress

  • An IMF delegation led by Jihad Azour met with Prime Minister Shehbaz Sharif in Islamabad on May 22, 2025, to review Pakistan's economic progress.
  • The meeting followed ongoing discussions about implementing the IMF programme and securing support amid Pakistan's efforts to stabilize its economy.
  • The IMF requested increasing the federal excise duty on fertilizer from 5% to 10% and imposing a 5% tax on pesticides, while Pakistan sought to reduce tax burdens on farm inputs.
  • Prime Minister Shehbaz stated that, by Allah's blessing, Pakistan is progressing beyond economic stability and advancing toward sustained growth, following the IMF's recent approval of a $1 billion disbursement.
  • Both parties expressed satisfaction with reform progress, with the IMF assuring continued support to sustain economic growth and institutional reforms in Pakistan.
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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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The Financial Daily broke the news in on Wednesday, May 21, 2025.
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