Ishaq Dar holds meetings with IMF, WB in Washington

Business Oct, 15 2022
Ishaq Dar holds meetings with IMF, WB in Washington
  • 257
  • 0

Washington: Finance Minister Ishaq Dar started string of meetings with key figures after his arrival in US to attend annual meetings of IMF and World Bank (WB). According to finance ministry Ishaq Dar held meetings with IMF and US authorities in Washington. Financial matters and other bilateral issues came under discussion during meetings. 

Ishaq Dar met with Deputy Managing Director of IMF Ms Antoinette Sayeh  Washington. He apprised her of damages caused by unprecedented floods in Pakistan. He shared government’s vision for stabilising economy and carrying out sustainable and resilient recovery.

He in his meeting with President of World Bank David Malpass thanked Bank for its continued support in socio economic development of Pakistan. President Malpass assured that Bank would continue to work with Pakistan to help it overcome socio-economic challenges due to floods. In a separate meeting with World Bank’s Vice President for South Asian Region Martin Raiser, he thanked for undertaking visit to Pakistan to see first-hand devastation caused by floods.

Ishaq Dar met with President of Islamic Development Bank Dr Muhammad Sulaiman Al Jasser and appreciated that bank and Pakistan had remained trusted partners for decades. President Al Jasser appreciated measures being taken by Pakistan’s government to stabilize economy while providing relief to flood victims. Meanwhile, Ishaq Dar in his meeting with leadership of Deutsche Bank and J.P Morgan elaborated upon government’s vision to stabilise economy while also providing relief to flood victims. He assured that Pakistan is committed to completing IMF’s programme.  

Published in The Daily National Courier, October, 15 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Desk
NC Desk https://www.dailynationalcourier.com/author/nc-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Pakistan, Malaysia all set to finalise prisoner transfer agreement

ISLAMABAD: Pakistan and Malaysia are set to finalise a prisoner transfer agreement, which will pave the way for Pakistani inmates in Malaysia to serve out their sentences in their home country. According to sources, the agreement, which is in its fin...

'Modi facing isolation in region after B'desh revolution'

ISLAMABAD: Former Minister Mushahid Hussain Syed said that Indian Prime Minister Narendra Modi had found himself isolated in the region after the revolution in Bangladesh. Addressing the National Kashmir Conference here, Syed said: "The Indian-backe...

Country plans to shift 30pc vehicles to electric power by 2030

ISLAMABAD: Pakistan is planning to shift at least 30 percent of vehicles to electric power by 2030. The rules and regulations are being implemented for the first time in the country to promote Electric Vehicles Charging Stations and Electric Vehicles...

Governor presents Rs1m cheque to gold medalist Rameez

KARACHI: Governor Sindh Kamran Khan Tessori has presented a cheque of Rs.1 million to Rameez Ibrahim, who won a gold medal at the Mr. Universe competition. It is noteworthy that Governor Sindh Kamran Khan Tessori had earlier announced this reward in...

More like this
Related

Rupee registers marginal decline against USD

KARACHI: The Pakistani rupee experienced a marginal decline of 0.04% against the US dollar in the inter-bank market on Thursday, closing at 278.97, down by Re0.1 from Wednesday’s rate of 278.87. Internationally, the US dollar remained stable,...

KSE-100 ends 3-day losing streak, gains 1,700+ points

KARACHI: Buying returned to the Pakistan Stock Exchange (PSX) after three consecutive negative sessions, as the KSE-100 Index gained over 1,700 points. The index closed at 113,206.40, up by 1,719.04 points (1.54%), driven by strong performances from...

SBP foreign exchange reserves drop by $76mln, now at $11.37bln

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) declined by $76 million on a weekly basis, reaching $11.37 billion as of January 24, 2025, according to data released on Thursday. This drop was primarily attributed to exte...

Pakistan, Serbia seek to strengthen bilateral trade and investment ties

ISLAMABAD: In a bid to strengthen bilateral trade and economic cooperation, Federal Minister for Commerce Jam Kamal Khan welcomed the high-level visit of Serbia's State Secretary for Foreign Affairs, Mr. Damjan Jovic, to Pakistan. During their meeti...
Need Help? Chat with us