PMYP chairman cites rising remittances and renewed investor confidence as indicators of financial restoration
Tourism Minister Mashhood Ahmad Khan addressing a press convention. PHOTO: NNI
ISLAMABAD:
Rana Mashhood Ahmad Khan, Chairman of the Prime Minister’s Youth Programme (PMYP), introduced that Pakistan will exit the Worldwide Financial Fund (IMF) programme by June subsequent 12 months.
Addressing a diaspora gathering in London on Saturday, he mentioned Pakistan was steadily shifting in direction of financial self-reliance and would not require IMF help by mid-2026.
He added that the nation’s latest financial path had restored confidence amongst buyers and abroad Pakistanis. Referring to previous financial challenges, Mashhood mentioned IMF-linked insurance policies imposed after 2018 had slowed progress, however the present authorities had positioned the economic system again on the trail of restoration.
The PMYP chairman highlighted the sharp rise in employees’ remittances as an indication of renewed confidence, noting that abroad Pakistanis despatched billions of {dollars} residence in 2025, offering a big enhance to the nation’s economic system. The London assertion echoed his earlier remarks in August 2025, when he had mentioned Pakistan was “on the trail to progress and would quickly exit the IMF programme,” stressing that fiscal self-discipline and structural reforms had been starting to ship tangible outcomes. Mashhood mentioned a sustained give attention to exports, productiveness and youth-led entrepreneurship would assist construct overseas trade reserves and at last finish Pakistan’s long-standing dependence on IMF bailout programmes.
