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IFC satisfaction over country’s economic performance |
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Muzaffar Hameed |
April 28, 2011, 03:43:23 AM |
Federal Minister for Finance Dr. Abdul Hafeez Shaikh said that international financial corporations have appreciated the economic performance and reforms of the country. Briefing the media about the recent visit of Pakistan’s economic team to International Monetary Fund (IMF) and World Bank he informed that the delegation had attended the spring meetings of IMF and WB and represented the country in the meetings. “During the visit, we held bilateral talks with the representatives of different countries including China, UK, Germany, Saudi Arabia, Iran and Afghanistan for promoting the bilateral trade and economic ties,” he said. The minister further said that the visit was also aiming to revive the Pak-US strategic dialogue for enhancing the cooperation in different sectors including power generation. Dr. Shaikh said that during his visit foreign investors were invited for exploring the business opportunities available in the country and introduced the soft image of the country in public meetings. The minister informed that US$ 381 million was approved under Kerry Lugar Bill (KLB) and it was expected that the said amount would be received by June 30 this year. Full story
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