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Finance Minister meets acting Governor State Bank of Pakistan

Islamabad, March 14, 2014 (PPI-OT): Federal Finance Minister Mr. Ishaq Dar held meeting with Acting Governor State Bank of Pakistan Mr. Ashraf Mehmood Wathra and Deputy Governor Mr. Saeed Ahmad at Governor House Karachi today. During the meeting, Finance Minister discussed the foreign currency reserve situation and other positive economic indicators relating to the country.

He appreciated the role of the State Bank of Pakistan in pursuing monetary policy. Discussion also centred around Foreign Exchange Rate. According to Finance Minister Ishaq Dar, reserves situation in the country will improve further with inflows of foreign investment and with the proceeds of forthcoming Bond issues.

Moreover, Foreign strategic participation is also expected to result in substantial foreign exchanges inflow, which will further strengthen the reserve position. All these developments as well as increased confidence in the economy by business community as well as foreign financial institution is providing conducive environment for Pak Rupee to easily maintain its strength.

For more information, Contact:
Director General (Media)
Naveed Iqbal
Ministry of finance
Government of Pakistan
Room # 514, Block-’Q’, Finance Division,
Pak. Sectt. Islamabad
Phone: 92 51 9206382, 9211707
E-mail: naveed.iqbal377@gmail.com

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