Meeting lenders: Govt prepares for WB, IMF meeting
The forex reserves have improved equal to over five months of imports
PHOTO: AFP
ISLAMABAD:
Finance Minister Mohammad Ishaq Dar will lead the Pakistan delegation at the Annual Meetings of the World Bank and International Monetary Fund in Washington DC from October 7 to 9. The finance minister in a statement said that Pakistan has achieved macroeconomic stability in the last three years through reducing energy shortages, higher revenue collection, wider tax base, significant reduction in fiscal deficit and infrastructure development. He said the government is now focused on consolidating the gains and achieving higher, inclusive and sustainable growth. He said GDP has been over four per cent for three years in a row and reached 4.71% in financial year 2016, the highest in the last eight years. He said the forex reserves have improved equal to over five months of imports.
Published in The Express Tribune, September 27th, 2016.
Finance Minister Mohammad Ishaq Dar will lead the Pakistan delegation at the Annual Meetings of the World Bank and International Monetary Fund in Washington DC from October 7 to 9. The finance minister in a statement said that Pakistan has achieved macroeconomic stability in the last three years through reducing energy shortages, higher revenue collection, wider tax base, significant reduction in fiscal deficit and infrastructure development. He said the government is now focused on consolidating the gains and achieving higher, inclusive and sustainable growth. He said GDP has been over four per cent for three years in a row and reached 4.71% in financial year 2016, the highest in the last eight years. He said the forex reserves have improved equal to over five months of imports.
Published in The Express Tribune, September 27th, 2016.