Islamabad, March 09, 2015 (PPI-OT): Mr. Harald Finger, IMF Mission Chief, Mr. Tokhir Mirzoev, Resident Representative of IMF to Pakistan and Mr. Masood Ahmad, Director Middle East and Central Asia Department called on Prime Minister Muhammad Nawaz Sharif here at the PM House this evening.
The Prime Minister welcomed them and congratulated Mr. Finger and Mr. Finger and Mr. Mirzoev on their new assignments. The Prime Minister acknowledged the financing of USD 6.64 billion from the IMF to support Pakistan under the Extended Fund Facility (EFF) approved by the IMF Board on 4th September 2013.
He said the government is taking measures for increasing tax base in the country to generate more revenue for spending on development and social sectors. The delegation appreciated the positive economic indicators in Pakistan and congratulated the Prime Minister and his team on increase in forex reserves, reduction in budget deficit and increase in GDP.
They said that now that stability had been restored it is high time for Pakistan to realize the Prime Minister’s vision of including Pakistan into the group of dynamic emerging markets. They also said that economic indicators are leading the country to a stage of irreversible financial stability and for consolidation of gains made so far. Federal Minister for Finance, Mr. Ishaq Dar and Secretary Finance also attended the meeting.
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