The International Monetary Fund (IMF) has emphasized the need for Pakistan to reform its energy sector to bolster the economy. Following discussions led by IMF mission chief Nathan Porter, the IMF team concluded talks in Pakistan on Thursday, with plans to continue virtual policy discussions. These discussions are aimed at finalizing financial support needed for Pakistan’s reform efforts from the IMF and its partners. The IMF highlighted key areas for improvement, including achieving low and stable inflation through appropriate monetary policies, restructuring state-owned enterprises, and promoting private sector development. Pakistan is seeking a new loan of at least $6 billion following the completion of a short-term $3 billion program last month.
