Ahmed Mukhtar Naqshbandi
ISLAMABAD: Prime Minister Shehbaz Sharif said on Wednesday that Pakistan was close to signing the much-needed agreement with International Monetary Fund (IMF) to stave off a default as “one or two items were remaining to be settled”.
Addressing a federal cabinet meeting regarding the expected staff-level agreement with IMF this week, he highlighted the measures that the government was taking to stabilize the economy.
He urged cabinet members to show a performance that was required in this difficult time being faced by the country due to multiple reasons, including IMF conditions, imported inflation, or the performance of the previous PTI government.
PM urges cabinet members to make sacrifices to stabilize economy
He said that “first we will make the sacrifices and then we will ask the elite classes in the country to adopt austerity”, adding that “the poor have been much affected by the current economic problems”.
