ISLAMABAD: The International Monetary Fund (IMF) Mission Chief, Nathan Porter on Thursday lauded Pakistan’s commitment to meeting the first Quarter targets and appreciated its efforts and measures taken in some critical areas.
During a meeting with Caretaker Federal Finance Minister Dr. Shamshad Akhtar, the IMF Mission Chief highlighted the significance of continuation of these efforts for staying on track for economic stability of the country.
Earlier, Dr. Shamshad Akhtar welcomed the delegation and shared progress on the Standby Arrangement, according to press statement issued by finance ministry.
She briefed the mission on fiscal steps being taken by the government to improve the economic situation.
The meeting also included discussions on comprehensive reforms and steps undertaken by the Federal Board of Revenue and the government’s strategies to address the circular debt issue.
Caretaker Federal Minister for Finance, Revenue & Economic Affairs Dr. Shamshad Akhtar held a meeting with IMF review Mission led by IMF Chief Mr. Nathan Porter at Finance Division, today. (1/4) pic.twitter.com/N9mPNVXXMV
— Ministry of Finance, Government of Pakistan (@Financegovpk) November 2, 2023
Finance Minister lauds IMF’s support
Dr. Shamshad Akhtar expressed her appreciation for the continued support and assistance of the international lending agency and reaffirmed the government’s commitment to working closely with the fund to ensure successful completion of the SBA and achieve the economic targets.
The meeting was attended by IMF Resident Representative Esther Perez Ruiz, Governor State Bank of Pakistan (SBP) Jamil Ahmed, Chairman FBR, Chairman Securities and Exchange Commission of Pakistan, Secretary Finance, members of IMF delegation, and high officers from the Finance Division.
