Dar, WB official discuss reforms initiatives of govt

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Finance Minister Senator Mohammad Ishaq Dar meeting with Mr. Patchamuthu Illangovan, World Bank Country Director in Islamabad on October 14, 2015.

 

Federal Minister for Finance Senator Ishaq Dar called on World Bank’s Country Director for Pakistan Patchamuthu Illangovan on Saturday and discussed with him the upcoming reform initiatives of the government of Pakistan.

Illangovan congratulated Dar on completing the IMF programme successfully. He said that the completion of this program was a major milestone.

The finance minister said the government had successfully implemented its reform agenda during the last three years and the process would continue in the future as well.

“The financial discipline being strictly followed by the government would be continuously 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 most sought-out places for foreign direct investment,” Dar said.

The WB 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 minister thanked the WB team for assisting Pakistan on its road to development, saying the support and assistance received from the World Bank for the economic reform programme was much appreciated. Senior officials of the Finance Ministry and World Bank team participated in the meeting.