ISLAMABAD : June 30,2023: Prime minister , Shahbaz Sharif , on Friday welcomed an agreement between Pakistan and International Monetary Fund (IMF) which provides a window to Islamabad to get $ 3 billion under a standby arrangement (SBA) in next 9 months .
The prime minister told the media persons here that his government worked hard in the last few months to reach to the agreement with IMF and finally it concluded today (Friday) at a positive note.
Shahbaz Sharif said May 9 violence was a part of the conspiracy hatched to sabotage possibility of an agreement with IMF as a friend -cum -enemy wanted to damage Pakistan economically and finally make it to default like Sri Lanka .
He (without naming Imran Khan) said this enemy of Pakistan launched a deep-rooted conspiracy on May 9 to block his government’s efforts aimed at reaching an agreement with IMF for revival of its stalled programme. Shahbaz Sharif claimed that Pakistan was making big strides.for economic progress like other regional countries till 2018, and then a fake man (Imran Khan) was brought into the power who ruined Pakistan in his around 4-year rule.
The prime minister asserted that his meeting with IMF boss in Paris some two weeks ago proved a turning point to reach to the staff level agreement with IMF for release of $ 3 billion loan. He said China , Saudi Arabia, United Arab Emirate (UAE) gave Pakistan billions of dollars to avoid default on its payments.
The prime minister said ” I have no words to say for China and other Islamic countries which saved Pakistan from default in recent hard times”.
He said Pakistan is all set to overcome its financial problems and set a stage for progress.