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Message: [QUOTE="Munyaradzi Mafaro, post: 51716, member: 636"] The International Monetary Fund maintains its support for Pakistan's economic and climate transformation amid global uncertainties affecting the Middle East, North Africa region, and Pakistan. IMF Resident Representative Mahir Binici addressed economists and policy experts at the Sustainable Development Policy Institute. Regional growth should improve from 2025 onward, though geopolitical tensions and trade disruptions threaten recovery prospects. Weakening international cooperation compounds these economic challenges. The organization warns that persistent global instability continues affecting regional stability. Pakistan demonstrates strong performance under the Extended Fund Facility program according to IMF assessments. The Executive Board completed the first review successfully in May 2025, marking a significant achievement. Early policy interventions restored macroeconomic stability and rebuilt investor confidence despite external pressures. Structural reforms remain essential for sustainable economic development. Tax equity improvements, business environment enhancements, and private sector investment promotion require continued attention. Climate initiatives advance through the Resilience and Sustainability Facility, which addresses environmental vulnerabilities and global commitments. Pakistan progresses in public investment planning, water resource management, disaster preparedness, and climate data availability. The facility strengthens climate resilience while unlocking green investments and promoting environmentally conscious economic growth. SDPI Executive Director Dr. Abid Qaiyum Suleri praised the IMF engagement and emphasized multilateral collaboration benefits. Participants discussed fiscal frameworks, monetary policies, external buffers, and international institutions' roles in promoting inclusive development. [/QUOTE]

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