PM Kakar affirms commitment to IMF reforms for long-term economic stability

PM Kakar affirms commitment to IMF reforms for long-term economic stability

ISLAMABAD, NOV 15 /DNA/ – The IMF Mission Chief for Pakistan, Nathan Porter and IMF Resident Representative for Pakistan Ms Esther Perez Tuiz called on the Caretaker Prime Minister Anwaar-ul-Haq Kakar today and apprised him of status of the negotiations held at the technical levels with the team of Government of Pakistan under the First Review of the SBA.

Mr. Nathan Porter acknowledged the efforts made by the Government of Pakistan in meeting the various program quarterly targets. He stated that these efforts have resulted in positive  conclusion of the technical level talks. He stated that both the teams have had extensive talks on various aspects of the SBA. He appreciated the role played by the Finance Minster and her team and Governor SBP along with his team in technical level talks.

The Prime Minister thanked the IMF team for its ongoing work with the Pakistan and praised the leadership of the Minister for Finance and Revenue and the contribution of her team in taking the program forward. He also appreciated the role of Governor, State Bank of Pakistan. The Prime Minister reaffirmed the Government’s enduring commitment to the reform efforts agreed with the IMF as these are aimed at stabilizing the Pakistan’s economy in the long run.

Minister of Finance, Governor State Bank of Pakistan, Chairman Federal Board of Revenue, and senior government officials also attended the meeting.