PR No. 118 Islamabad

The Federal Minister for Finance Senator Mohammad Ishaq Dar held a meeting with the World Bank Country Director for Pakistan, Mr. Patchamuthu Illangovan to discuss the upcoming reform initiatives of the Government.

The World Bank Director congratulated the Finance Minister on completing the IMF program successfully. The completion of this program is a major milestone, he said.

The Finance Minister said the government has successfully implemented its reform agenda during the last three years and the process will continue in future as well. The financial discipline introduces and strictly followed by the government will continue to be observed. The Journey will not just stop here, we will continue to improve our financial management and God willing will make this country one of the choicest place for foreign direct investment.

The World Bank country director also discussed with the Finance Minister the Proposed World Bank Plan for the overall assistance package to be made available to Pakistan under IDA and Development policy credit system for economic growth.

The Finance Minister thanked the World Bank team for assisting Pakistan on its road to development. He said that the support and assistance received from the World Bank for the economic reform program was much appreciated.

The meeting was participated by senior officials of the Ministry of Finance and the World Bank team.