IMF mission express satisfaction over Pakistan’s economic recovery pace

Dr Shamshad Akhtar briefs visiting IMF on key reforms

Islamabad : Nov 2 : Caretaker Federal Minister for Finance, Revenue & Economic Affairs Dr. Shamshad Akhtar held a meeting with IMF review Mission led by IMF Chief Mr. Nathan Porter at Finance Division, today.

The meeting was attended by IMF resident representative Ms. Esther Perez Ruiz, Governor SBP Mr. Jamil Ahmed, Chairman FBR, Chairman SECP, Secretary Finance, members of IMF delegation, and senior officers from Finance Division.

The caretaker Minister for Finance, Revenue, & Economic Affairs Dr. Shamshad Akhtar welcomed the delegation and shared progress on the Standby Arrangement (SBA). The Minister briefed the Mission on fiscal measures being taken by the Government to improve the economic situation. The meeting also included discussions on comprehensive reforms and measures undertaken by FBR and the Government’s strategies to address the circular debt issue.

Mr. Nathan Porter, IMF Mission Chief, appreciated the Government’s commitment to meeting the 1st Quarter targets, and commended the Government’s efforts and measures taken in some critical areas. He further underscored the importance of continuation of these efforts for staying on track for economic stability of the country.

The Minister Dr. Shamshad Akhtar expressed her appreciation for the continued support and assistance of the IMF. She reaffirmed the Government’s commitment to working closely with the IMF to ensure successful completion of the SBA and achieve the economic objectives.

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