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2019-12-04 India-Pakistan
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World's leading financial institutions have given pauper state Pakistan their vote of confidence: Hafeez Sheikh
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[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.
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Posted by Fred 2019-12-04 00:00||
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File under: Govt of Pakistan
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Posted by Dron66046 2019-12-04 12:08||
2019-12-04 12:08||
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