Economic stability of Pakistan an encouraging sign: Olson

US ambassador tells finance minister that the US will continue forward in a number of mutually beneficial areas.


Web Desk January 09, 2013
Finance minister Hafeez Sheikh in a meeting with US ambassador Richard Olson on Wednesday. PHOTO: APP

ISLAMABAD: US Ambassador to Pakistan Richard Olson in a meeting with finance minister Dr Abdul Hafeez Sheikh on Wednesday said that economic stability of Pakistan is an encouraging sign, Radio Pakistan reported.

Dr Sheikh said that despite energy scarcity and security issue in the country‚ economic indicators are showing positive trends which reflect resilience of the economy.

The Finance Minister added that due to economic policies of the government‚ Pakistan is currently witnessing the lowest inflation rate in the region and the Karachi Stock Exchange has emerged as the best performing Stock Exchange in the world.

Both the sides reaffirmed their commitment to enhancing economic relations.

Olson said that the United States is assisting Pakistan in many public welfare projects and will continue to do so in future to further cement the relations between the two people.

The Ambassador said that the US values its relations with Pakistan and would continue to move forward in a number of mutually beneficial areas.

COMMENTS (5)

Wasim | 11 years ago | Reply

@Raj-USA excessive laughing some times cause heart attack...

afzal | 11 years ago | Reply

very good news...................

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