General Pervez Musharraf, Pakistan's head of state, spoke
to Euromoney's Jules Stewart about the move from economic
stabilization to growth, privatization, the elimination of
corruption and Pakistan's regional policies
Are you confident that Pakistan will be able to conclude a
medium-term loan facility with the IMF?
We feel confident we will for many reasons. We have met the targets
on the reforms and restructuring that we promised the IMF. The best
evidence is that last year we reduced our fiscal deficit by more
than 1%, which is better than the target we had originally set.
This is a major achievement under the circumstances. As we have
shown a lot of economic and fiscal discipline I feel there is no
reason why the IMF should not agree to grant us a PRTF.
You are now moving from a period of stability to one of growth.
Can the reforms put...