ISLAMABAD: Prime Minister Nawaz Sharif and Finance Minister Ishaq Dar have assured the International Monetary Fund that 7,000MW of power would be added to the national grid by 2017.
They also assured the IMF that tax base would be expanded for generating more revenue to support development and social sectors. They made the assurance in back-to-back meetings with an IMF mission led by Herald Finger currently on an introductory visit to Pakistan.
The Fund team consisted of Harald Finger, IMF Mission Chief to Pakistan, Tokhir Mirzoev, Resident Representative of IMF to Pakistan and Masood Ahmad, Director Middle East & Central Asia Department.
The prime minister acknowledged the financing of $6.64 billion from the IMF to support Pakistan under the Extended Fund Facility (EFF) approved by the IMF Board in September 2013.
