ISLAMABAD: Finance Minister Ishaq Dar has arrived in Dubai to participate in the on-going talks with the International Monetary Fund (IMF) relating to the 12th and the last review of the extended facility program. The minister met with the IMF mission chief and its members and also received briefings from the Pakistan team.
Dar expressed satisfaction on the progress of talks and remarked that he was confident that the last review would be successfully concluded.
He said this would be a historic occasion, as it would be for the first time that a medium term reforms program supported by IMF would be successfully concluding at the close of its three-year term.
The economy has undergone massive transformation during this period. The macroeconomic framework is stable because of rising growth, declining inflation, fiscal consolidation aided by rising tax collections, stable external account and higher reserves. Federal Finance Minister Dar further stated that the path of growth and stability would remain the hallmark of economic management after the conclusion of the fund program as per manifesto of PML-N.
