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Home Southern Asia Pakistan

PM Shehbaz says IMF raises no serious concerns over Rs100 fuel subsidy after meeting Georgieva at UNGA

by Asia Today Team
September 24, 2026
in Pakistan
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Prime Minister Shehbaz Sharif on Wednesday stated the Worldwide Financial Fund (IMF) had not expressed any severe considerations over Pakistan’s focused subsidy of Rs100 per litre throughout his assembly with the Fund’s managing director on the sidelines of the United Nations Common Meeting session in New York.

Talking to The Categorical Tribune after assembly IMF Managing Director Kristalina Georgieva on the sidelines of the 81st UN Common Meeting, the prime minister stated he had briefed her intimately on the strain Pakistan faces and the difficulties confronting low-income individuals.

“We drew the IMF chief’s consideration to the query of the place the poor man would go,” the premier stated, including that the focused subsidy was being distributed via a complete and clear mechanism.

Earlier this month, PM Shehbaz introduced a particular aid scheme providing Rs100 per litre off petrol for bikes, three-wheeler rickshaws, and automobiles with engines as much as 800cc, in an try and defend lower-income customers from the influence of rising petroleum costs.

Later, in a publish on X, the IMF managing director hailed Pakistan’s implementation of reforms, saying that they had helped protect stability, restore confidence and regain market entry.

I had the chance to fulfill with Prime Minister @CMShehbaz on the margins of #UNGA to debate Pakistan's reforms. Sturdy implementation has helped protect stability, restore confidence & regain market entry. Continued reforms will assist elevate progress & enhance individuals's lives. pic.twitter.com/jiELSQysYw
— Kristalina Georgieva (@KGeorgieva) September 23, 2026

“I had the chance to fulfill with Prime Minister Shehbaz Sharif on the margins of UNGA to debate Pakistan’s reforms,” she stated.

“Persevering with reforms will assist increase financial progress and enhance the residing requirements of the individuals," stated the IMF chief.

PM Shehbaz, IMF chief talk about reforms, subsidy: PMO

In the meantime, PM Shehbaz appreciated the IMF’s continued assist for Pakistan’s economic system and reaffirmed his authorities’s “unwavering dedication” to the profitable implementation of the IMF-supported reform programme, in line with a press release issued by the Prime Minister’s Workplace.

In assembly with the IMF chief, the prime minister significantly appreciated Georgieva’s position in strengthening Pakistan’s constructive partnership with the Fund.

He reaffirmed the federal government’s robust possession of the financial reform agenda and reiterated Pakistan’s resolve to take care of the momentum of reforms and advance structural measures geared toward strengthening the economic system and laying the foundations for sustainable and inclusive progress.

Pleasure assembly IMF Managing Director Ms. Kristalina Georgieva in New York this morning. I thanked her for the Fund’s continued assist and deeply appreciated her private position in strengthening Pakistan’s constructive partnership with the IMF.

I reaffirmed our Authorities’s… pic.twitter.com/XKi1Quhh1W
— Shehbaz Sharif (@CMShehbaz) September 23, 2026

“Regardless of regional battle and exterior inflationary pressures, Pakistan is efficiently transitioning from macroeconomic stabilization in the direction of a restoration path, supported by prudent fiscal and financial insurance policies,” the prime minister famous.

Highlighting the enhancements in fiscal self-discipline, exterior buffers and investor confidence, the premier cited the Nationwide Tariff Regime, enhanced home income mobilisation and progress on privatisation as examples of Pakistan’s efforts.

He additionally underscored the federal government’s dedication to defending susceptible segments of society alongside sustaining financial reforms.

The IMF managing director appreciated Pakistan’s efficiency underneath the IMF programme and the federal government’s efforts for financial stabilisation, saying these have been yielding tangible outcomes.

The 2 leaders additionally mentioned Pakistan’s forthcoming IMF programme overview and continued cooperation between Pakistan and the Fund in advancing reforms, strengthening financial resilience and supporting sustainable progress.

Deputy Prime Minister and Overseas Minister Senator Mohammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, Adviser on Privatisation Muhammad Ali, Particular Assistant to the Prime Minister Tariq Fatemi and different senior officers have been additionally current throughout the assembly.

PM Shehbaz, EU leaders talk about commerce, GSP Plus

Prime Minister Shehbaz Sharif on Wednesday met President of the European Council António Luís Santos da Costa and President of the European Fee Ursula Gertrud von der Leyen on the sidelines of the occasion in New York, with the leaders reviewing the “full spectrum” of Pakistan-European Union relations.

Prime Minister Shehbaz Sharif on Wednesday met President of the European Council António Luís Santos da Costa and President of the European Fee Ursula Gertrud von der Leyen on the sidelines of the United Nations Common Meeting in New York, with the leaders reviewing the “full spectrum” of Pakistan-European Union relations..

Prime Minister held a gathering with President of the European Council, H.E. Mr. António Luís Santos da Costa and the President of the European Fee, H.E. Ms.Ursula Gertrud von der Leyen on the sidelines of the United Nations Common Meeting in New York.

The leaders… pic.twitter.com/UWmiQQ7N0b
— Prime Minister's Workplace (@PakPMO) September 23, 2026

In line with a press release issued by the Prime Minister’s Workplace, the leaders expressed satisfaction on the rising momentum in high-level exchanges and engagement between Pakistan and the EU.

 

The prime minister reaffirmed Pakistan’s dedication to additional strengthening its broad-based partnership with the European Union and to the total implementation of the Pakistan-EU Strategic Engagement Plan.

He underscored the significance of sustained leadership-level engagement in offering larger course and momentum to the connection.

PM Shehbaz additionally highlighted the significance of GSP Plus for Pakistan’s financial growth, employment era and commerce with the European Union, and reiterated Pakistan’s dedication to continued engagement with the EU underneath the framework.

Prime Minister Muhammad Shehbaz Sharif meets the President of the European Council, H.E. Mr. António Luís Santos da Costa and the President of the European Fee, H.E. Ms.Ursula Gertrud von der Leyen in New York. pic.twitter.com/t6s93gSReR
— Prime Minister's Workplace (@PakPMO) September 23, 2026

The leaders exchanged views on regional and international developments and reaffirmed the significance of “dialogue, diplomacy, worldwide legislation and peaceable decision of disputes”.

The prime minister reiterated his invitation to the presidents of the European Council and European Fee to go to Pakistan and expressed his need to proceed working carefully with the EU management to additional deepen the “mutually helpful partnership”.

In the meantime, in a publish on X, Leyen described the engagement with PM Shehbaz as a “superb assembly”, saying the EU valued its partnership with Pakistan.

Superb assembly with Prime Minister @CMShehbaz at #UNGA.

The EU values its partnership with Pakistan.

Our Strategic Engagement Plan displays each the breadth of this partnership and the shared dedication to democracy, the rule of legislation, human rights and civic house.

We work… pic.twitter.com/FWPXFBqjKL
— Ursula von der Leyen (@vonderleyen) September 23, 2026

She added that the Strategic Engagement Plan mirrored each the breadth of the partnership and the shared dedication to democracy, the rule of legislation, human rights and civic house, with the 2 sides working collectively on stability and safety.

“We thanked the Prime Minister for his initiative to mediate within the battle between the US and Iran,” she stated, including that Pakistan was taking part in an necessary position in assist of de-escalation, dialogue and the peaceable decision of conflicts.

Leyen stated the 2 sides additionally mentioned methods to take their partnership ahead, together with commerce and addressing unlawful migration.



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