ISLAMABAD: Federal Finance Minister Senator Mohammad Ishaq Dar Saturday reviewed the macroeconomic situation of the country with special reference to the monetary side for the year ending June 30.
According to a statement issued by the Finance Ministry on Saturday, the meeting was attended by State Bank of Pakistan (SBP) Acting Governor Saeed Ahmed, Deputy Governor Riaz Riazuddin, Heads of various departments and other senior officials of the bank.
The meeting noted that the performance of monetary side during the quarter that ended June, 2016 remained satisfactory. The forex reserves reached the highest ever level of $23 billion.
Finance Minister expressed satisfaction on the macroeconomic situation and stated that all the national institutions needed to continue the reform process in order to consolidate the economic gains of last 3 years. He also desired for enhanced efforts on firming up the strategy for the current fiscal year that would be discussed in a follow up meeting.
Shortly after the meeting the Finance Minister left for Dubai on a day’s personal visit. He would return home Sunday and hold a review meeting with State Bank officials Monday morning.
