Prime Minister Shehbaz Sharif said on Wednesday that the threat of Pakistan defaulting on its debts was “now over” and that a staff-level agreement with the International Monetary Fund (IMF) would happen “soon”.
Addressing a delegation of Council of Pakistan Newspapers Editors (CPNE) in Islamabad, the premier said his government had successfully managed to save the country from default.
He said all the efforts were being made to pull out the country from an economic slump.
“It has been 11 months since the coalition government took over and economically, Pakistan has moved past the fear of default but the agreements that were made with the IMF will affect citizens for some time to come,” PM Shehbaz said.
