AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the International Monetary Fund (IMF) and World Bank (WB) that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain this momentum in the coming years due to robust performance of the real sector of the economy. Miftah Ismail along with a delegation participated in the IMF and WB spring meetings 2018 at Washington, said a press release issued by the Ministry of Finance here Saturday.
The delegation attended a number of bilateral meetings on the sidelines of the main event, which included a meeting with Deputy Managing Director of IMF Mitsuhiro Furusawa and his team on Pakistan's economic performance.
A discussion of Pakistan's ongoing WB engagements with the WB team led by Vice President for South Asia Ethel Sennhauser, region and a review of IFC's project portfolio and potential initiatives in Pakistan with the IFC team led by Ms Snezena Stoiljkovic, Vice President for South Asia, said a press release.
The Adviser briefed the WB and IMF officials about the current economic situation and also drew attention to improvement in the country's exports resulting from various policy initiatives implemented by the government.
On the sidelines, the Advisor also met Takehiko Nakao, President of the Asian Development Bank and discussed Pakistan's portfolio and future development initiatives where ADB could assist the government of Pakistan.
President ADB assured the Advisor of the Bank's continuous support and role as Pakistan's major development partner and invited the Advisor to attend ADB board of governors meeting in Manila next month.
In the meeting with the Afghan Finance Minister Eklil Hakimi, the two sides discussed various issues adversely impacting trade flows between the two countries and agree to set up working groups to resolve them. The first joint meeting is expected to take place in early May. The Adviser also spoke on the development impact of the Belt and Road Initiative in Pakistan in a high-level roundtable chaired by the WB President, Dr Jim Yong Kim.
The delegation accompanying the Adviser Finance includes Governor State Bank and Secretary Economic Affairs Division. Pakistan's Alternate Executive Director at the WB and Economic Minister at the Embassy of Pakistan in Washington DC also assisted the delegation.

Copyright Associated Press of Pakistan, 2018

Comments

Comments are closed.