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In meeting with PM on sidelines of WEF, IMF’s Georgieva acknowledges Pakistan’s economic reform efforts


In meeting with PM on sidelines of WEF, IMF’s Georgieva acknowledges Pakistan’s economic reform efforts

Prime Minister Shehbaz Sharif on Wednesday met International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the World Economic Forum (WEF) in Davos.

According to the Prime Minister’s Office (PMO), PM Shehbaz briefed Georgieva on the improvement in Pakistan’s macroeconomic indicators, stabilisation efforts and progress on institutional reforms.

He stressed Pakistan’s commitment to fiscal discipline, revenue mobilisation and sustainable development, the statement said.

The IMF official acknowledged and appreciated Pakistan’s reform efforts, the statement said. She stressed the importance of maintaining the momentum of reforms to ensure long-term economic resilience, it added.

The two sides discussed the global economic outlook, challenges faced by emerging economies and the importance of multilateral cooperation in safeguarding economic stability, it added.

Earlier, PM Shehbaz had also met Palestinian Prime Minister Mohammad Mustafa on the sidelines of the World Economic Forum in Davos.

According to the PMO, Mustafa expressed his heartfelt gratitude to PM Shehbaz for “Pakistan’s consistent, principled and unwavering support for the Palestinian people”.

“Mustafa personally walked up to PM Shehbaz and introduced himself,” the statement said.

“The Palestinian prime minister thanked Pakistan for supporting the Palestinian stance at international forums and for its role regarding the Palestinian cause,” it added.

The premier is on a three-day visit to the Swiss town (from January 20-22), primarily to lead a high-level delegation from Pakistan, including Deputy Prime Minister and Foreign Minister Ishaq Dar.

The premier arrived in Davos on Tuesday. In a post on X, PM Shehbaz wrote that he was visiting Davos to advance Pakistan’s engagement at the WEF with global trade and investment partners.

“Pakistan’s ongoing economic reform journey is unlocking profound opportunities, driven by a resilient and entrepreneurial workforce and significant potential across energy, agriculture, minerals, and emerging technologies,” PM Shehbaz said.

He added that Pakistan was “ready to harness this potential into mutually beneficial economic cooperation and long-term investment”.

Dar’s engagements

Meanwhile, Deputy Prime Minister and Foreign Minister Ishaq Dar inaugurated the Pathfinder Group’s Pakistan Pavilion on the sidelines of the WEF Annual Meeting in Davos, according to a post by the Foreign Office on X.

The foreign minister lauded the initiative to showcase Pakistan’s vast economic potential and emerging opportunities on a global platform, while highlighting the dynamism and innovation of the country’s start-ups.

He underscored the critical role of start-ups in advancing socio-economic development and driving innovation across diverse sectors.

FM Dar reaffirmed the government’s commitment to facilitating and promoting entrepreneurs and start-ups, particularly those led by youth, to fully realise the economic potential.

In another post on X by the FO, the foreign minister met his Canadian counterpart Anita Anand on the sidelines of the WEF 2026 meeting.

The two foreign ministers “agreed to explore ways to enhance Pakistan-Canada ties” and “discussed to upscale and strengthen economic and trade relations”, the social media post said.



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