Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance and Revenue, alongwith his delegation in a meeting with various global financial institutions informed about the overall state of Pakistan economy.

Pakistani delegation, which includes State Bank of Pakistan Governor Reza Baqir and Finance Secretary Naveed Kamran Baloch, held an extensive meeting with Asian Development Bank (ADB) President Takehiko Nakao to exchange views on the ongoing projects sponsored by ADB in Pakistan as well as the planned portfolio.

ADB President Nakao said that the ADB was an important financial partner of Pakistan and acknowledged the current structural reforms undertaken by the government for economic stabilisation.

The Pakistani delegation also met IMF Director Middle East and Central Asia Department (MCD) Jihad Azour and discussed the implementation of the ongoing IMF programme.

Speaking on the occasion, the IMF director appreciated the progress Pakistan had made towards economic stabilisation as well as the government’s commitment to the reform process.