Next Deal with IMF to be Last One: Shehbaz Sharif

 Next Deal with IMF to be Last One: Shehbaz Sharif

Prime Minister Shehbaz Sharif has pledged to rid the country of International Monetary Fund (IMF) bailouts, declaring that the next deal will be the last in Pakistan’s history.

Address to the Nation

In his first address since the launch of the federal budget for fiscal year 2024-25, PM Shehbaz Sharif vowed to put an end to Pakistan’s dependence on foreign aid and bailouts.

Current IMF Programme

The government is currently in talks with the IMF for a loan estimated between $6 billion to $8 billion, aimed at averting a default.

PM’s Assurance

PM Shehbaz assured the nation that if the government adheres to its programme and targets, the next IMF agreement will be the last in Pakistan’s history. He cited examples of countries that sought IMF assistance once and never needed it again.

Breaking the Cycle

By vowing to end Pakistan’s dependence on IMF bailouts, PM Shehbaz aims to break the cycle of repeated loans and put the country on a path towards economic stability and self-reliance.

Also Read: Punjab Gets $150 Million Loan from World Bank

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