IMF chief Kristalina appreciates FinMin Aurangzeb

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IMF chief Kristalina appreciates FinMin Aurangzeb

ISLAMABAD: International Monetary Fund (IMF) Managing Director Kristalina Georgieva has lauded Finance Minister Muhammad Aurangzeb for staying on course despite facing difficulties.

“I want to share a secret with the audience that the minister likes his job despite facing all difficulties,” Kristalina praised Aurangzeb while hosting a high-level panel discussion on the second day of AlUla Conference 2025 “A Path for Emerging Market Resilience” in Saudi Arabia.

“This is indeed the right trajectory to travel and I thank [him] for his dedication to stay on the course,” she said.

The two-day event — organised by the IMF and the Saudi Ministry of Finance — aimed to foster discussions on building resilience and sustainable economic growth amid global economic uncertainties.

Meanwhile, speaking at an occasion earlier, Aurangzeb, said the debt to GDP ratio had been brought down from over 73% to the mid-60s and Pakistan would make it sustainable as it moved forward.

He said the country would move towards export-led growth to achieve sustainability.

“Pakistan will have to fundamentally change the DNA of the economy,” he added. On this point, the IMF’s managing director said it was the right trajectory to move forward.