Posted 3/5/2024, 11:17:00 AM
Shehbaz Sharif Takes Office as Pakistan PM, Prioritizes Economic Recovery Talks with IMF
- New Pakistan PM Shehbaz Sharif makes economic recovery top priority, orders immediate talks with IMF for extended facility
- Aims to secure final USD 1.2 billion loan tranche and improve ailing economy facing risk of default
- Plans to privatize loss-making enterprises, reduce government size, and promote investments
- Directs strategies to empower youth and SMEs, ensure transparency through automation of FBR
- Faces significant economic and security challenges in charting Pakistan's future
