ISLAMABAD:
The government assured International Monetary Fund on Monday that 7000MC of electricity would be added to the national grid by 2017.
It further claimed that tax base for generating more revenue to support development and social sectors had expanded.
The assurance was conveyed by Prime Minister Nawaz Sharif and Finance Minister Ishaq Dar in back-to-back meetings with the IMF mission led by Herald Finger currently on a visit to Pakistan.
The IMF delegation comprised Harald Finger, IMF Mission Chief to Pakistan, Tokhir Mirzoev, Resident Representative of IMF to Pakistan and Masood Ahmad, Director Middle East & Central Asia Department. It was the first official visit to Pakistan by Mr Finger and Mr Mirzoev after recent shake-up in IMF staff for Islamabad.
Prime Minister Sharif welcomed Mr. Finger and Mr. mirzoev on their new assignments.
He acknowledged the financing of $6.64 billion from the IMF to support Pakistan under the Extended Fund Facility (EFF) approved by the IMF Board in September 2013.
