Pakistan's commitment to achieving Q1 targets is valued by the IMF
Islamabad: Today (02-11-2023) on Thursday, IMF Mission
Chief, Nathan Porter here appreciated the government’s commitment to meeting
the first Quarter targets and commended its efforts and measures taken in some
critical areas.
During a meeting with Caretaker Federal Minister for
Finance, Revenue & Economic Affairs, Dr. Shamshad Akhtar, the IMF Mission
Chief underscored the importance of continuation of these efforts for staying
on track for economic stability of the country.
The meeting was attended by IMF Resident Representative Ms.
Esther Perez Ruiz, Governor State Bank of Pakistan Jamil Ahmed, Chairman FBR,
Chairman Securities and Exchange Commission of Pakistan, Secretary Finance,
members of IMF delegation, and senior officers from the Finance Division. In an earlier press release from the finance ministry, Dr.
Shamshad Akhtar greeted the group and discussed the status of the Standby
Arrangement (SBA). The Minister gave the Mission an update on the government's
fiscal initiatives aimed at bolstering the economy.
FBR extensive reforms and initiatives, as well as the
government's approaches to resolving the circular debt problem, were also
covered in the meeting. In addition to expressing gratitude for the IMF's
ongoing support and assistance, Dr. Shamshad Akhtar reiterated the government's
commitment to collaborating closely with the fund to guarantee the SBA's
successful completion and the achievement of the economic goals.
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