After Operation Sindoor, the condition of Pakistan had become such that it had to spread his hand in front of the International Monetary Fund (IMF) to save his country. He got money from the IMF, but in return several conditions were laid. The IMF ordered the Shahbaz Sharif government to immediately remove the Finance Secretary from the Pakistan Central Bank Board. Not only this, the IMF has asked the Government of Pakistan to take some important steps towards reforms in the Central Bank SBP.

Pakistan immediately filled the post of deputy governor- imf

The IMF has recommended the Government of Pakistan to remove the Finance Secretary from the Board of Directors of ‘State Bank of Pakistan’ (SBP) and fill two vacant posts of Deputy Governor immediately. The IMF has also said that banking companies should amend the ordinance, 1962 and denote the federal government of the right to inspect commercial banks.

Pakistan is implementing the IMF’s seven billion dollar loan program. He gets a installment of about one billion dollars from the Monetary Fund only when he follows the prescribed conditions. According to the report published in The Express Tribune, the IMF has said to remove the Finance Secretary from SBP’s board for the second time. The purpose of his suggestions is to further strengthen the freedom of the Central Bank of Pakistan.

Why does IMF want to remove the finance secretary?

In the year 2022, under the pressure of IMF, the Government of Pakistan abolished the voting rights of the Finance Secretary with full autonomy to the SBP. However, he still remains a member of the board. The IMF wants their presence from SBP’s board to end completely. The IMF feels that the Finance Secretary is hindering the work of State Bank of Pakistan.

At present, two posts of three deputy governor posts are lying vacant. The IMF has said that such vacancies should not last long because it affects policy decisions. The next review mission of the IMF is likely to come to Pakistan in the third week of September.

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India Pakistan tension: Pakistan Prime Minister Shahbaz Sharif is on a tour of Turkia. Amidst tension with India, his proximity to his Turki has increased significantly. Pak PM Shahbaz met Turki President Recep Tayyip Erdogan in Istanbul. Shahbaz and Erdogan’s friendship seems to be deeper. Shahbaz thanked Erdogan for the Khilafat of India after the conversation.

Shahbaz’s meeting with Erdogan exposed the Turki. There was also a discussion about Indo-Pak tension in the meeting of both of them. Shahbaz, after meeting Erdogan, revealed the intention of the Turki himself. Shahbaz wrote on X, “This evening, my dear brother, I met President Recep Tayyab Erdogan in Istanbul. He thanked him for supporting Pakistan in a recent deadlock between Pakistan and India. Pakistan won with his support, Alhamdulillah! On behalf of the people of Pakistan thanked the brothers and sisters of their Turkas. ”

Turks stand against India? ,

Shahbaz Sharif’s X Post once again made it clear that the Turkas are with Pakistan. He will support Pakistan in a state of tension between India and Pakistan. Turki has also expressed love to Pakistan before this. How close to Shahbaz Turki has reached, it can also be gauged from his picture. He has placed a flag of Turki along with Pakistan on his blazer, but only shows the flag of Turki on Erdogan’s blazer.

There is also talk about trade between Pakistan-Turkiya

There was also talk about trade between Pakistan and Turkias. Shahbaz Sharif told in his X post that both countries have reviewed the progress in business and investment. Turkas will continue to support Pakistan even further. Shahbaz wrote in the last post, “Long Live Pakistan Turkie Friendship.”

Had the Honor of Meeting My Dear Brother President Reccept Tayipp Erdogan in Istanbul this Evening. Thanked Him for his resolute support to Pakistan in the recent Pakistan India Standoff which resulted in Pakistan’s overwhelming Victory alhamdolilah! Conveyed the sentences of… pic.twitter.com/EEYXZDIF7g

– Shehbaz sharif (@cmshebaz) May 25, 2025