On Thursday Prime Minister’s Finance and Revenue Adviser, Dr. Abdul Hafeez Shaikh said while talking to Patchamuthu Illangovan, Pakistan is pursuing a growth-oriented program for institutional reforms and economic revival.
Patchamuthu Illangovan along with his team met the adviser in the federal capital. The delegation apprised Dr. Shaikh of the upcoming visit of World Bank President David Malpass to Pakistan in the first week of November and conveyed a strong desire from the World Bank management to work with Pakistan to drive institutional reforms and support the growth agenda of the government and work on any financial arrangement looking at the objective need and assessment of the policy matrix
Patchamuthu Illangovan also informed Dr. Shaikh about the ongoing discussions with the Ministry of Finance about two policy-based lending operations to provide budget support to Pakistan, which will end in December 2019.
In addition, issues related to the World Bank’s current $ 9 billion portfolios, as well as the strengthening of the Pakistani delegation to attend the annual IMF / WBG meetings in October 2019, were also discussed.
Shaikh welcomed the upcoming World Bank President’s visit to Pakistan and hoped that the visit would open new prospects for a more productive engagement between the World Bank and Islamabad.
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