Prime Minister Muhammad Shehbaz Sharif recently held a telephonic conversation with the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, during which he discussed Pakistan’s economic difficulties, particularly following the recent devastating floods. In response, Georgieva expressed her commitment to helping Pakistan during this difficult period and expressed her deep sympathy and concern for the human and material losses caused by the floods.
The Prime Minister extended an invitation to Georgieva to participate in the Climate Resilient Pakistan Conference in Geneva, which she, unfortunately, could not accept in person due to prior commitments at the IMF Board meetings. However, she did agree to join the conference virtually.
During the conversation, the Prime Minister assured Georgieva that Pakistan is committed to successfully completing the ongoing IMF program and thanked her for her understanding and empathy regarding the challenges the country has faced. Georgieva also expressed her appreciation for the invitation to the conference and her hope to continue working with Pakistan to address its economic difficulties.
In a Twitter post, he revealed,
In a phone call with the Managing Director of the IMF yesterday, I told her about the government’s resolve to complete the terms of the IMF’s program. I also explained Pakistan’s economic difficulties, especially after the devastating floods. The IMF delegation will come to Pakistan soon.
Overall, the telephonic conversation between the Prime Minister and the IMF Managing Director demonstrated a strong commitment from both parties to addressing Pakistan’s economic challenges and finding ways to support the country during this difficult time. The invitation to participate in the Climate Resilient Pakistan Conference highlights the importance of addressing the impact of natural disasters on a country’s economy and finding ways to build resilience in the face of future disasters.