IMF ready to support Pakistan: Christine Lagarde
Christine Lagarde, managing director of International Monetary Fund, on Sunday met Pakistan's Prime Minister Imran Khan on the sidelines of the World Government Summit in Dubai, where she highlighted that strong economic package will restore confidence in the South Asian country's economy and lay foundations for more inclusive growth."I reiterated that the IMF stands ready to support Pakistan. I also highlighted that decisive policies and a strong package of economic reforms would enable Pakistan to restore the resilience of its economy and lay the foundations for stronger and more inclusive growth. As emphasized in the new government's policy agenda, protecting the poor and strengthening governance are key priorities to improve people's living standards in a sustainable manner," Lagarde said in a statement after the meeting.Khan and Lagarde also discussed recent economic developments and prospects for Pakistan in the context of ongoing discussions toward an IMF-supported programme. However, it was not revealed whether the two leaders agreed on the loan package.Khan praised the UAE leadership for hosting the summit. "We are happy that the Muslim world has stated these great forums for exchange of ideas."
Click/tap here to subscribe to Khaleej Times news alerts on WhatsApp. Make sure you save the phone number under Contacts on your phone for uninterrupted service.ERROR: Macro /ads/dfp-ad-article-new is missing!