FINANCE

IMF supports Pakistan for economic reform

&NewLine;<p><em>David&NewLine;Lipton&comma; Acting Managing Director of the International Monetary Fund &lpar;IMF&rpar;&comma; in&NewLine;this statement issued on July 21 following his meeting with the Prime Minister&NewLine;of Pakistan&comma; Imran Khan&comma; confirms the Fund’s preparedness to partner Pakistan&NewLine;for economic reform<&sol;em><em><&sol;em><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;I was&NewLine;pleased to meet Prime Minister Khan of Pakistan today in Washington&comma; DC&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>We discussed recent economic&NewLine;developments and the implementation of the authority’s economic reform program&NewLine;supported by the IMF&period; Their program aims to stabilize the economy&comma; strengthen&NewLine;institutions&comma; and thereby put Pakistan on a path of sustainable and balanced&NewLine;growth&period; I highlighted the need to mobilize domestic tax revenue now and on into&NewLine;the future to provide reliably for needed social and development spending&comma;&NewLine;while placing debt on a firm downward trend&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&nbsp&semi;&OpenCurlyDoubleQuote;The&NewLine;IMF&comma; together with other international partners&comma; is working closely with the&NewLine;government of Pakistan to support the implementation of the authorities’&NewLine;economic reform program&period;”<&sol;p>&NewLine;

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