Islamabad: President Asif Ali Zardari on Friday said that the IMF program had played a supportive role in stabilizing Pakistan’s economy and would also contribute to fostering economic growth in the country.
The president, in a meeting with a delegation of the International Monetary Fund (IMF) led by Director of the Middle East & Central Asia Department, Jihad Azour, highlighted the IMF’s positive role in promoting economic development in developing nations.
Discussing Pakistan’s current economic situation and the ongoing IMF program, he also acknowledged and appreciated the IMF’s contribution to Pakistan’s economic progress.
He emphasized that the programme would further promote economic growth in the country. He acknowledged that the IMF plays a key role in fostering economic development in emerging economies. He also appreciated the IMF’s role in Pakistan’s economic progress.
President Zardari thanked the IMF for its continued support and cooperation with Pakistan, and also appreciated the finance ministry for its efforts to improve the national economy.
The delegation members expressed satisfaction over Pakistan’s efforts for economic reforms and implementation of the IMF program, which they observed was progressing in the right direction.
The delegation members emphasized that the program had assisted in reducing inflation and fiscal deficit and strengthening Pakistan’s foreign exchange reserves.
The meeting was also attended by Federal Finance Minister Senator Muhammad Aurangzeb, Senator Saleem Mandviwalla, and senior government officials.
