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World's leading financial institutions have given pauper state Pakistan their vote of confidence: Hafeez Sheikh
[DAWN] Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh on Tuesday said that the world's leading financial institutions had given Pakistain their vote of confidence and acknowledged the improvement over the past five months in its economic indicators."The World Bank president came and appreciated Pakistain's performance and instructed that better ties with Pakistain be formed. "The Asian Development Bank, the foremost entity with whom we are linked to economically right now, also recognised the improvement in the performance of Pakistain's economy and declared a $3 billion increase in its programme," said Sheikh as he held a presser in Islamabad alongside Federal Minister of Economic Affairs Hammad Azhar, Federal Board of Revenue (FBR) Chairman Shabbar Zaidi, and special finance secretary Umar Hameed. "Similarly, IMF (International Monetary Fund), viewed as the world's largest financial lender and whose fundamental task is to form an opinion regarding the various economies across the world, after viewing our economic performance, declared that all of Pakistain's agreements made with the IMF had been befittingly achieved," he continued. Related: Abdul Hafeez Sheikh: 2019-10-22 Pakistan to implement FATF action plan by February: Hafeez Abdul Hafeez Sheikh: 2019-08-08 Actions against banned outfits key to exiting FATF list: US Abdul Hafeez Sheikh: 2012-06-04 Hafeez hints at going to IMF for bailout package Related: World Bank: 2019-11-29 Blasts kill 16 in northern Afghanistan; mostly women, girls World Bank: 2019-11-27 $787m loan agreements signed with World Bank World Bank: 2019-11-23 Washington supports India’s continued involvement in Afghanistan Related: Asian Development Bank: 2018-11-14 Gender-based violence court in Lahore sentences child rapist to life in prison Asian Development Bank: 2018-05-11 Kabul Attacks Death Toll Rises To Seven Asian Development Bank: 2015-03-30 NorKs refused entry to Asian Infrastructure Investment Bank Related: Hammad Azhar: 2019-11-27 $787m loan agreements signed with World Bank Hammad Azhar: 2019-11-08 Country may remain on FATF list beyond February: minister Hammad Azhar: 2019-10-25 Minister says over 700 ‘terror financing’ cases are near completion Related: International Monetary Fund: 2019-11-05 Jordan government resigns ahead of a reshuffle International Monetary Fund: 2019-11-05 Size of informal economy declines globally, needs more incentives to be contained: IMF International Monetary Fund: 2019-10-24 Ecuador’s President Calls Nicolás Maduro an ‘Ass’ After ‘Stupid’ Insult Posted by: Fred 2019-12-04 |
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