Dar briefs IMF on economic situation

ISLAMABAD    -   Pakistan and the In­ternational Monetary Fund (IMF) have dis­cussed the econom­ic situation caused by the devastating floods in the country, affected infrastructure, crops and the livelihood of the people.

Federal Minister for Finance & Revenue Senator Muhammad Ishaq Dar held a vir­tual meeting with IMF Mission Chief Nathan Porter. Finance minis­ter, while briefing him on the post-floods’ eco­nomic situation in the country, stated that the government would take measures to re­duce the burden on the economy while protect­ing the vulnerable sec­tions of the population. The minister further said that the govern­ment aims to address structural issues so that Pakistan is able to end its fiscal deficit and move towards sustain­able growth.

The finance minister recalled the meeting of Prime Minister Sheh­baz Sharif with IMF MD during his recent visit to the US in which IMF MD vowed to support Pakistan in this difficult situation caused by the flash floods, and recon­sider the programme conditions.

The finance minister further reaffirmed the government’s commit­ment to undertake the reforms envisaged un­der the programme

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