Monday , June 1 2020

IMF & World Bank Admire Pakistan’s Efforts for Economic Growth & Stability

IMF

 

The International Monetary Fund (IMF) Lauds Pakistan for its progress towards achieving economic stability and appreciating the commitment of the Imran Khan-led government to change in economic reforms.

The news came early on Monday morning as a Pakistani delegation led by Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh met the new IMF Managing Director Krsitalina Georgieva and senior IMF officials in the United States. Local Media reports.



The IMF recognized that tough decisions were being made and implemented to stabilize Pakistan’s economy. She appreciated the commitment of the PTI-led government and assured the Pakistani delegation of the IMF’s continued support for the successful implementation of reforms. Georgieva said.

 

The meeting was held in Washington, where the Pakistani delegation had arrived to attend the yearly meeting session of the World Bank-IMF group. The delegation also included Reza Baqir, President of the State Bank of Pakistan, and Finance Secretary Naveed Kamran Baloch.

 

 

Dr. Sheikh also sat down for a meeting with the World Bank Vice President for the South Asian Region, Hartwig Schafer, and his delegation. During this meeting, the World Bank delegation reviewed its portfolio in Pakistan, and the two sides deliberated upon measures to bolster cooperation between Pakistan and the World Bank.

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