PM Tells IMF Managing Director: Low Energy Costs Key to Economic Growth
Prime Minister Shehbaz Sharif has emphasized to the International Monetary Fund (IMF) Managing Director that maintaining low energy costs is crucial for Pakistan’s economic growth and stability. The PM highlighted that affordable energy can stimulate industrial production, attract investment, and support household consumption.
During discussions, the Prime Minister outlined measures the government is taking to ensure energy efficiency, diversify power generation sources, and implement subsidy programs to reduce costs for businesses and consumers. He stressed that a stable energy sector is vital for sustaining economic reforms and achieving macroeconomic targets.
IMF officials reportedly acknowledged the importance of energy affordability but highlighted the need for sustainable fiscal and policy measures to maintain long-term stability. Analysts noted that these talks underscore Pakistan’s focus on balancing economic growth with fiscal discipline and energy sector reforms.
Economic experts welcomed the emphasis on energy costs, noting that reducing power tariffs and improving efficiency can significantly impact industrial competitiveness, job creation, and overall economic resilience.
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خلاصہ (اردو میں):
وزیر اعظم شہباز شریف نے آئی ایم ایف کے منیجنگ ڈائریکٹر کو بتایا کہ کم توانائی کی قیمتیں پاکستان کی اقتصادی ترقی کے لیے کلیدی حیثیت رکھتی ہیں۔
