World bank and IMF will continued Pakistan’s economy, Hafeez Sheikh

Washington: The World Bank and IMF provided assurances of their support to Pakistan’s economy in meetings with Dr Abdul Hafeez Sheikh Adviser to the Prime Minister on Finance ,According to statement released by the government said.

The press release issued by the Finance Division, Dr Hafeez with delegation including State Bank Governor Reza Baqir, Finance Secretary Naveed Kamran Baloch and Economic Affairs Division Secretary Noor Ahmed had meetings with the managing directors of the IMF and World Bank to apprise them of institutional reforms as well as steps undertaken during the last year to put the country’s economy on the path to progress and stability.

Sheikh highlighted the government’s focus on expediting the speedy roll-out of World Bank pipeline projects as well as the steps taken in this regard.

The World Bank managing director noted that Pakistan was among the Bank’s largest partners and beneficiaries of the International Development Association (IDA), adding that Pakistan should make “optimal use” of the World Bank’s resources.

He also assured the Pakistani delegation of the Bank’s continued support to Pakistan’s development effort.

Pakistani Delegation’s meetings took place in Washington where the Pakistani delegation has gone to attend the annual round of meetings of the World Bank-IMF group.

In the meeting with World Bank Managing Director (Operations) Axel Van Trotsenburg and other senior officials, the premier’s advisor congratulated Trotsenburg on his appointment and appreciated the support the Bank had provided to Pakistan.