Pakistan finance minister attends IMF, World Bank meeting, US supports loan program – Business & Economy

Pakistan finance minister attends IMF, World Bank meeting, US supports loan program – Business & Economy

The meeting of the Board of Governors of the IMF and the World Bank in Washington was attended by officials from central banks, finance ministers and academics from around the world. Global economic outlook, poverty alleviation and economic development were discussed. Federal Minister of Finance Muhammad Aurangzeb also participated in the meeting.

On the other hand, the US State Department has announced Pakistan’s support for the new loan program.

The Pakistani delegation led by the Finance Minister is in America where negotiations are also being held with the IMF, while the Finance Minister also attended the IMF and World Bank meetings.

Muhammad Aurangzeb met the President of the World Bank Raje Banga in which the economic situation of Pakistan was discussed.

The Finance Minister thanked the President for the support from the World Bank. Muhammad Aurangzeb also met the Saudi Finance Minister in Washington. Saudi Arabia announced support for the economic development of Pakistan.

On the other hand, US State Department Spokesman Matthew Miller said in a press briefing that he welcomes the staff-level agreement between Pakistan and the IMF last month, Pakistan has made significant progress in stabilizing the economy, for the new loan program. support the efforts of

The spokesman said that our support to the government of Pakistan is unwavering for the success of the country’s economy, business and investment-based relations with Pakistan will continue.

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2024-04-19 13:32:54

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