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World Bank President Assures Asad Umar Of Continued Support

World Bank President Assures Asad Umar Of Continued Support

April 11, 2019 by admin Leave a Comment

WASHINGTON: Led by means of Finance Minister Asad Umar a Pakistani delegation met with officials of the World Bank and the International Monetary Fund in Washington.

Asad Umar arrived in Washington on Tuesday to maintain a sequence of meetings with the IMF and World Bank.

The finance minister called on the World Bank President David Malpass and apprised him of the macroeconomic scenario inside the u . S . And discussed Pakistan’s engagement with the Bank.

Malpass favored the reform procedure in the u . S . And assured persevered World Bank help.

Umar additionally met with First Deputy Managing Director of IMF David Lipton and mentioned the ongoing negotiations with the Fund.

The finance minister met with participants of america Pakistan Council and discussed funding possibilities in Pakistan. He assured them that the government changed into looking to facilitate overseas investment in Pakistan.

The enterprise council expressed their sturdy interest in Pakistan’s market and shared their destiny plans in addition to problems where they wished support from the authorities.

Talking to the enterprise council, Asad Umar stated the incumbent government became completely focused on enhancing the ease of doing enterprise in Pakistan.

He stated Prime Minister Imran Khan became individually monitoring the reform manner in this regard.

Read Also: Pakistan, China To Amend Railways ML-1 Agreement

Lately, the minister had stated the usa’s economy turned into now out of the ICU and has been moved to the stabilisation ward.

“The PTI government inherited a completely sick patient that have been introduced out of the ICU,” he said even as speakme to the media on the launch of the draft of medium-time period macroeconomic framework from 2018-19 to 2022-23.

“The authorities had to take emergency measures,” he said.

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