Pakistan, March 26 -- Prime Minister Shehbaz Sharif on Wednesday praised the successful staff-level agreement with the International Monetary Fund (IMF), securing $1.3 billion in funding. He called the deal a significant step toward Pakistan's economic stability. The agreement is set to raise Pakistan's foreign reserves to $8.3 billion, which the prime minister described as a "big achievement."

During a Cabinet Committee meeting in Islamabad, Shehbaz Sharif thanked key government officials, including the finance, planning, and commerce ministers, for their efforts. He pointed out that despite skepticism, the government managed to secure the deal without imposing new taxes. The prime minister also acknowledged the public's role in support...