Pakistan’s initiatives have been praised by the International Monetary Fund (IMF), which also pledged to continue supporting it.Senator Muhammad Ishaq Dar , the federal minister of finance and revenue, met with Antoinette Sayeh, the IMF’s deputy managing director, today in Washington, DC.
The Minister informed her of the harm done by Pakistan’s record floods. He agreed with the GoP’s plan for restoring economic stability and implementing a durable and long-lasting recovery. DMD IMF acknowledged the government’s initiatives and promised to continue supporting Pakistan.
The Ishaq Dar commended the World Bank for continuing to support Pakistan’s socioeconomic growth during his meeting with World Bank President David Malpass. He expressed gratitude to the World Bank for helping with rescue and relief efforts following the historic and destructive floods. President Malpass reaffirmed the Bank’s commitment to working with the GoP to assist Pakistan in overcoming the socioeconomic difficulties brought on by the floods.
The In a separate meeting today with Mr. Martin Raiser, Vice President SAR, World Bank, the Finance Minister commended Vice President Raiser for travelling to Pakistan to personally observe the damage caused by the floods.The trip aided in estimating the enormous losses brought on by the disastrous floods.
The Vice President gave the assurance that the Bank would continue to assist Pakistan in resolving its economic challenges.The Islamic Development Bank’s President, Dr. Muhammad Sulaiman Al Jasser, met with the Minister.
The finance minister expressed gratitude to the Islamic Development Bank for continuing to work with Pakistan. He was grateful that Pakistan and the Bank had remained reliable allies for so long. The steps the GoP is taking to stabilise the economy and help flood victims were commended by President Al Jasser.