Staff Reporter
Islamabad
The World Bank has recognized the efforts of the government towards economic turn-around, reducing expenditures, practicing austerity and initiating reforms in critical sectors of the economy.
Talking to Prime Minister Imran Khan in Islamabad on Thursday, World Bank President David Malpass, appreciated Pakistan’s efforts that there is substantial progress in economic indicators despite Global and internal fiscal challenges.
Speaking on the occasion, Prime Minister Imran Khan appreciated World Bank’s financial and technical support to Pakistan and reiterated the Government’s resolve towards strengthening of economy, ensuring transparency and good governance.
He said that ease-of-doing business, enhancing tax base, domestic resource mobilization, attracting foreign investment and financial reforms agenda are the foremost priorities of the government.
Imran Khan apprised that the government has launched various initiatives aimed at welfare of the youth, poverty alleviation and housing sectors that will ultimately result in economic development.
President World Bank was accompanied by Regional VP South Asia Hartwig Schafer, Ceyla Pazarbasioglu-Dutz, Regional Vice President IFC Snezana Stolijkovic and Country Director World Bank Pakistan Patchamuthu Illangovan.
Ministers for Economic Affairs, Planning, Water Resources, Advisors on Finance, Institutional Reforms and Special Assistants on Information and Poverty Alleviation were also present in the meeting.
