Finance Minister Asad Umar on Tuesday met International Monetary Fund’s (IMF) new mission chief for Pakistan, Ernesto Ramirez Rigo, in Islamabad and apprised him of the measures taken by the government to revamp the economy.
According to a statement issued by the Ministry of Finance, discussions between the two focused on fiscal, monetary, and structural reforms as well as the energy sect
or.
The finance minister informed the IMF mission chief th
at the structural reforms and other economic initiatives introduced by the government were “yielding desired results”, the statement said.
Umar also assured Rigo that “the government
would continue to address the macroeconomic imbalances and
would take necessary corrective measures in this regard”.
Adviser to Prime Minister Imran Khan for Commerce, Textile and Industry Production Abdul Razak Dawood also met the IMF mission chief and informed him th
at the government had brought in various economic reforms for the promulgation of industry and trade.
“We
will soon launch the country’s first national tariff policy,” the advisor informed the mission chief and expressed confidence th
at the policy will help towards the betterment of the economy.
Rigo
said th
at the economic reforms were a good step taken by the government. This will bring improvements to the economy,” he said.