ISLAMABAD: Senator Mohammad Ishaq Dar, Federal Minister for Finance and Revenue, and the High Commissioner of Canada, Ms. Leslie Scanlon, discussed ways to improve bilateral ties and cooperate in a range of areas, including trade, investment, and climate resilience.
Both sides spoke on the phone prior to a meeting between the High Commissioner and the Finance Minister during which they discussed both Pakistan’s economic policies and programs as well as the general state of the world economy. According to a press release from the finance ministry, Ishaq Dar stated that both countries had cordial relations and praised Canada for its assistance to flood victims.
He briefed the envoy about the economic outlook and the challenges being faced by the country, coupled with huge losses due to the devastating floods last year.
He further shared that the government with its pragmatic policy decisions had not only arrested the economic decline but was also steering the economy towards stability and growth.
He also shared that the government had taken difficult decisions in key sectors, including energy in order to reduce budgetary and current account deficits and increased the revenue generation.
The minister also informed about the talks held with International Monetary Fund (IMF) Mission and reiterated the commitment of the government to complete the existing program with the fund and fulfill all the international obligations.
The minister appreciated the Canadian investments in Pakistan and extended full support and cooperation of the government to enhance the economic relations between both the countries.
On the occasion, Ms. Leslie Scanlon also shared sentiments of deep rooted friendly relations between Pakistan and Canada and said, both the countries enjoyed excellent relations and these needed to be further promoted especially on trade, investment and Climate resilience.
She informed about the newly developed strategy for the region through which Pakistan would be able to access facilities for climate resilience and re-building.
She supported the policies and programs of the government for socio-economic development and economic growth.
