Finance Minister Senator Muhammad Ishaq Dar on Monday asked to complete the formalities for the operationalisation and launch of Pakistan Development Fund (PDF) and Pakistan Micro finance Investment Company (PMIC) at the earliest to make them functional within the first quarter of the fiscal year.
The minister held a meeting with senior officials of the Ministry of Finance to review progress on operationalisation of PDF and PMIC.
The meeting also discussed other initiatives introduced in Budget 2016-17, said a statement.
The minister was briefed on the progress made to-date for the initiation of various schemes.
He said the government is pursuing the objective of economic growth and these initiatives can contribute in achieving this objective.
The minister was also briefed about the visit of CEO of Multilateral Investment Guarantee Agency (MIGA), who is currently visiting Pakistan and will be meeting the finance minister on Tuesday.
AMBASSADOR OF ARGENTINA CALLS ON FINANCE MINISTER:
The newly appointed Ambassador of Argentina, Ivan Ivanissevich called on the finance minister on Monday.
The finance minister welcomed Ivan Ivanissevich on assuming his responsibilities as Ambassador to Pakistan, said a statement.
The visiting envoy shared with the finance minister, the current profile of Argentinean economy and the challenges faced by the government, particularly those relating to the economic situation.
He said the challenges were similar to the ones faced by Pakistan a few years ago. He lauded the Pakistan government’s economic achievements in the last three years and said that achieving an economic turnaround was a remarkable feat.
Ishaq Dar said that it was with dedication and continued process of reforms in different sectors that Pakistan has achieved macro-economic stability and was now treading on the path of growth, infrastructure development and employment generation.
He said Pakistan would be happy to share its experience in economic and financial management with Argentina. He also assured the Argentine Ambassador of his full support and cooperation in the latter’s efforts for development of economic and trade relations between the two countries.
Senior officials of the Ministry of Finance attended the meeting.
The samdhi may remain at the helm of affairs for some more days to come due to illness of the PM. Before because the PM was away and now because he is ill. Andhe ko kya chahie ? Do aankhen !
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