IMF lauds Pakistan’s economic revival plans

The International Monetary Fund (IMF) Wednesday reposed confidence that the present government has a coherent plan and clarity of purpose for economic revival and there exists a capacity to implement the reforms’ plan into action. 

An IMF delegation met Prime Minister Muhammad Nawaz Sharif and congratulated him for smooth democratic transition and stated that they were impressed by the Prime Minister’s economic vision.

Nawaz Sharuf said that his government is not letting itself influenced by political pressures on economic problems being faced by the country.

A new and competent team is working day and night to overcome energy crisis in particular, he added.

The dedicated team is fully committed to bring back Pakistan on firm and sound economic footing.

He said this while meeting IMF delegation led by Mr. Masood Ahmed, Director of the Middle East and Central Asia Department IMF and Jeffery Franks, Mission Chief, IMF. Minister Finance Mr. Ishaq Dar and Secretary Finance Mr. Waqar Masood were also present during the meeting.

The Prime Minister said that Pakistan recognizes its responsibilities towards international organizations and there exists an understanding about each other’s mandates.

He reposed confidence that Foreign Exchange Reserves of the country would improve as a result of the actions being taken to improve investor friendly environment in Pakistan.

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Posted by Tahir Khan on Sep 11 2013. Filed under Business, Latest News, National, Pakistan. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.