Abb Takk News

IMF Lauds Pakistan’s Economic Reforms

WASHINGTON: International Monetary Fund (IMF), ensuring support to Pakistan of all sorts of coordination, has commended the country’s economic reforms.

According to details, Finance Minister Asad Umar met a delegation of the International Monetary Fund (IMF) led by its Executive Director for Pakistan Jafar Mojarrad in Washington.

On this occasion, Finance Minister was accompanied by a team of officials from the Finance Ministry. Umar also met a first deputy director of IMF.

During the meeting, Asad Umar briefed the IMF delegation on Pakistan’s economic policies.

It may be noted here that Pakistan’s discussions with Washington are also underway to get the country an economic package from the IMF.

Umar earlier this week said talks with the International Monetary Fund (IMF) for another bailout package are in final stage.

Addressing a ceremony in Islamabad, he thanked Dr Hafeez Pasha for his framework that helped in striking a deal for a fresh bailout package for Pakistan.

“We were handed over a patient [economy] in ICU, which was cured with immediate steps”, he contented.

He said Pakistani economy has see-off the critical phase now it is in transition phase and gaining stability.