Pakistan's new Prime Minister Shehbaz Sharif is taking significant steps to address the country's economic challenges, including seeking a 'big' IMF program, emphasizing zero tolerance for smuggling and corruption, and aiming for a $7 to $8 billion fresh loan from the IMF. The Finance Minister stresses the need for a new IMF program, while the government anticipates inflation easing in April 2024. Additionally, PM Shehbaz is reconstituting the Council of Common Interests, banning red carpets at official events, and approving the formation of a climate change committee amid a backdrop of polarized politics, a faltering economy, and terrorist threats.
At the political level in #Pakistan, the biggest challenge will be on how to handle the resurgent Pakistan Tehrik-e-Insaf. Although the #PTI has been robbed of its reserved seats, it is unlikely to be a docile Opposition, argues @sushantsareen https://t.co/EZCGdJiPjL
PM Shehbaz approves formation of climate change committee #ARYNews https://t.co/Peue3vlc9A
PM Shehbaz Sharif bans red carpets at official events #ARYNews https://t.co/2vduJsA3ew
Prime Minister Muhammad Shehbaz Sharif chairs a meeting of the Federal Cabinet on 30 March 2024. https://t.co/nipqmYOnko
Pakistan’s new prime minister has put together a cabinet of technocrats and traditional politicians. After two tumultuous years, Shehbaz Sharif could be forgiven for hoping for calm. But his government will face three challenges in the coming months https://t.co/vlVpy9LwJA 👇
PM Shehbaz vows to transform Pakistan’s economic landscape #ARYNews https://t.co/GG6Tu4fGhV
Pakistan ‘hopeful’ to get $7 to $8 bln fresh loan programme from IMF #ARYNews https://t.co/3qLeCx17X6
In a first, foreign minister replaces finmin in CCI #ARYNews https://t.co/vzWQJ6TQaq
Inflation to ease in April 2024: finance ministry #ARYNews https://t.co/PNmImYfO2w
Finance Minister Aurangzeb stresses need for new IMF programme #ARYNews https://t.co/l2cuyYHd8m
Zero tolerance for smuggling, corruption: PM Shehbaz Sharif #ARYNews https://t.co/vVCPG1UoAz
What next for Pakistan? The new government faces polarised politics, a faltering economy and terrorist threats https://t.co/7LuJe0Lzvo 👇
PM Shehbaz reconstitutes Council of Common Interests #ARYNews https://t.co/GxkuMPkOgo
Pakistan heading for ‘big’ IMF program: Finance Minister Read More: https://t.co/D9WzMBU9Xn #ARYNews https://t.co/gkq16NJbaK