Our Correspondent
Islamabad
International Monetary Fund has indicated that it will continue to cooperate with Pakistan for sustainable economic growth in future.
This was stated by Resident Representative of International Monetary Fund in Pakistan Teresa Daban Sanchez during a meeting with Federal Minister for Economic Affairs Makhdum Khusro Bakhtyar in Islamabad on Thursday.
The Minister appreciated and thanked the IMF’s support of 1.386 billion dollars under the Rapid Financing Instrument to address the socioeconomic impact of the COVID-19 outbreak. He highlighted that government of Pakistan and IMF are working together for much needed structural reforms for fiscal consolidation and long-term sustainable growth.
The Minister appreciated and thanked the IMF’s support of US$ 1.386 billion under the Rapid Financing Instrument to address the socioeconomic impact of the COVID-19 outbreak. The Minister highlighted that Government of Pakistan and IMF are working together for much needed structural reforms for fiscal consolidation and long-term sustainable growth.
On the occasion, he exchanged his views on looming global economic crisis and negative impact on communities due to the Pandemic and cumulative global response to combat COVID shock.
