Prime Minister Shehbaz Sharif on Wednesday stated that Pakistan was steadily meeting its International Monetary Fund (IMF) programme commitments, but urged the lender to take into account the recent flood damage in its upcoming review for the country.

The prime minister made the remarks during a meeting with Kristalina Georgieva, managing director of the IMF, on the sidelines of the 80th Session of the United Nations General Assembly in New York.

According to a Topline Securities’ report, Pakistan is on track to meet all seven Quantitative Performance Criteria (QPC) set by the IMF ahead of the September 25 review of its $7 billion Extended Fund Facility (EFF), which was approved in May this year. The review will assess Pakistan’s performance for the March–June quarter of 2025.

However, massive floods in the country have struck both the rural heartland and industrial centres for the first time........

© Dawn Business