Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a virtual meeting with President Bank of China Mr. Liu Jin at Finance Division, on Tuesday. SAPM on Finance Mr. Tariq Bajwa, SAPM on Revenue Mr. Tariq Mehmood Pasha, Special Secretary Finance and other senior officers from Finance Division attended the meeting.
Finance Minister Mr. Muhammad Ishaq Dar shared that it has always been great pleasure to work with Bank of China and Pakistan has enjoyed sound financial dealings with the bank. The Finance Minister also highlighted the recent visit of Prime Minister of Pakistan to China and talked about reciprocation of warm sentiments from Chinese leadership.
The Finance Minister, while talking about the long standing and durable relationships between government of China and Government of Pakistan, shared gratitude to President, Bank of China for continuous support to Pakistan in testing times. It was shared that Bank of China has played a crucial role in extending budgetary support to Pakistan which has played a significant role in easing pressure on the external account and meeting budgetary needs.
The Finance Minister extended invitation to President Bank of China to visit Pakistan. He briefed the President Bank of China about the financial and fiscal conditions inherited by the present government and shared that present government has strong resolution to bring back the macroeconomic stability. In this regard, the Finance Minister sought the support of Bank of China and asked the President for expansion of business relations with Pakistan to deepen the economic and financial relations.
The President Bank of China also highlighted the historical and bilateral ties between both countries and appreciated the Government of Pakistan for taking the necessary measures for easing the lives of masses in the country. He also acknowledged the contribution of Pakistan in supporting China during hard times. He also commended the ongoing facilitation being provided by the government of Pakistan on various Chinese projects under the umbrella of CPEC.
In conclusion, the Finance Minister thanked the President Bank of China for continuous support and assured him of same support by the present government in deepening the economic, trade and investment cooperation.
