Economic policies to restore stability, boost growth: Tarin

WASHINGTON (APP) - Pakistan will pursue a comprehensive plan to stabilise its economy, encourage production in agricultural and industrial sectors and promote public-private partnership to move towards sustained high growth, Adviser on Finance Shaukat Tarin said Friday afternoon.

In a series of meetings at the World Bank-IMF annual gathering, he held out the elected government’s commitment to the policy of privatisation and deregulation as well as bolster competitiveness of the manufacturing sector.

He was confident that the policies and reforms introduced by the government would lead to higher economic growth and enhance the international confidence in Pakistan’s enormous economic potential. Tarin met leaders of international financial institutions including the World Bank, Asian Development Bank, International Monetary Fund and Finance Ministers from China and Saudi Arabia.