ISLAMABAD: Federal Finance Minister Ishaq Dar has directed the officials of his ministry to expedite the process of making Pakistan Development Fund (PDF) and Pakistan Microfinance Investment Company (PMIC) operational as soon as possible.
The minister, during a meeting with senior officials of the Finance Ministry, was briefed on the latest status of various schemes initiated. He directed that the formalities of operationalisation be completed at the earliest to make various projects functional within the first quarter of the fiscal year. He said the government was pursuing the objective of economic growth, and these initiatives could contribute to achieving this objective.
Meanwhile, the newly-appointed Ambassador of Argentina, Ivan Ivanissevich, called on the finance minister, and shared with him the current profile of Argentinean economy and the challenges faced by the government, particularly those relating to the economic situation.
He said that the challenges were similar to the ones faced by Pakistan a few years ago. He lauded Pakistan government’s economic achievements in the last three years and said that achieving an economic turnaround was a remarkable feat.
Dar said that it was due to continuing process of reforms in different sectors that Pakistan had achieved macro-economic stability and was now treading on the path of growth, infrastructure development and employment generation.
