PID

PR No.42 MD IMF’S LETTER TO FINANCE MINISTER Islamabad

“Pakistan has achieved a great deal over the past three years in the context of its IMF supported program by restoring macroeconomic stability, strengthening the economy’s resilience and setting the stage for a deeper structural transformation to achieve higher and more inclusive growth” said Managing Director International Monetary Fund, Christine Lagarde in her letter to Senator Mohammad Ishaq Dar, Minister for Finance.

MD International Monetary Fund congratulated the Finance Minister Ishaq Dar for his accomplishments and appreciated the opportunity her visit accorded for holding engaging discussions on the government’s ongoing economic reform program.

Ms. Christine Lagarde visited Pakistan from 24-26 October, 2016. Her visit program comprised a range of meetings including a call on the Prime Minister, official talks with the Finance Minister and the government’s economic team.

In her correspondence dated 2nd November, 2016 to the Finance Minister, Ms. Lagarde reiterated the IMF’s support to Pakistan in completing its transformation to a full-fledged emerging market.

A copy of the correspondence from MD IMF addressed to the Finance Minister dated 2nd November, 2016 is annexed.

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