ECOSF Participated in PIDE Webinar on "Future of Pakistan Economy with the IMF Program”
Pakistan Institute of Development Economics (PIDE) organized a webinar on “Future of Pakistan Economy with the IMF Program” on 19 April 2021. The webinar was moderated by Dr. Naadeem ul Haque – the Vice-Chancellor of PIDE. On behalf of ECOSF, President Manzoor Soomro participated in the webinar. Teresa Daban Sanchez, Resident Representative of International Monetary Fund (IMF) to Pakistan was the guest speaker.
Teresa Daban Sanchez said that Pakistan remains committed to the goals of the IMF supported Program, A revenue-based fiscal sustainability strategy, by removing exemptions and privileges, enhancing social and productive spending, coordination with provinces, and elimination of quasi-fiscal circular debt and SOE losses.
IMF representative called for strengthening of social safety net, to protect the most vulnerable as needed, a market-determined and flexible exchange rate, an independent central bank with primary focus on price stability.