IMF, WB assure continued support to Pakistan economy.


ISLAMABAD -- The International Monetary Fund (IMF) and the World Bank (WB) have assured of their continued support to Pakistan's development efforts and economic reform process undertaken by the government.

Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh and his team were in Washington DC to attend the annual meetings of IMF/WB-2019.

They held back to back meeting with the managing directors of the World Bank (WB) and the International Monitory Fund (IMF) to apprise them of the institutional reforms and steps undertaken during the last year to put the economy on the path to progress and stability.

In the first meeting, Dr Abdul Hafeez Shaikh and the Pakistan delegation held a meeting with World Bank Managing Director, Axel Van Trotsenburg and other and senior officials of the bank, according to press statement issued by the Finance Ministry here Monday morning.

The Adviser congratulated the new MD on his appointment and appreciated the support being provided by the World Bank to Pakistan.

He highlighted the government's focus on expediting speedy rollout of the World Bank pipeline of projects and actions being taken in this regard.

Trotsenburg mentioned that Pakistan was among the World Bank's largest partners and beneficiaries of International Development Association...

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