PM Kakar reaffirms govt's enduring commitment to reform efforts agreed with IMF

PM Kakar reaffirms govt's enduring commitment to reform efforts agreed with IMF

Islamabad (Web Desk/Agencies): Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday reaffirmed the government’s enduring commitment to the reform efforts agreed with the International Monetary Fund (IMF) as these were aimed at stabilising the Pakistan’s economy in the long run.

IMF Mission Chief for Pakistan Nathan Porter and IMF Resident Representative for Pakistan Esther Perez Tuiz called on the prime minister and apprised him of the status of the negotiations held at the technical levels with the team of government of Pakistan under the First Review of the Stand-By Arrangement (SBA), PM Office Media Wing said in a press release.

PM Kakar 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 State Bank of Pakistan (SBP) governor.

Caretaker minister for finance, SBP governor, Federal Board of Revenue (FBR) chairman and senior government officials also attended the meeting.

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.

The IMF mission chief said that both the teams had extensive talks on various aspects of the SBA and appreciated the role played by the finance minister and her team and the governor SBP along with his team in technical level talks.