ISLAMABAD: Federal Minister for Finance Dr. Abdul Hafeez Sheikh has said that Pakistan enjoys strong relations with IMF.
During
his inaugural speech at the opening session of a seminar on reviving
economic growth on Pakistan he said, the present government is
optimistic about the economic reforms. He said to ensure economic growth
of Pakistan, the issues faced by the energy, power and banking sector
needs to be addressed.
Dr. Rashid Amjad said that Pakistan’s
economy has suffered a lot at the hands of global economic slowdown,
natural calamities and security situation. He said, change is needed in
the strategy to overcome these issues and political leadership must be
made to follow that strategy.
Country director ADB Werner
Leipach said that Pakistan has huge potential for economic growth as it
sits in the very center of a booming region. Strategic location wise
Pakistan is a very important country. He said role of financial sector
and capital markets needs to be addressed to ensure long term
availability of capital that fuels economic growth. IMF representative
Adnan Mezari said that in order to boost economic growth the access to
credit must be ensured.
He said through better financing and non
preferential treatment by banks inclusive growth can be achieved. He
said greater emphasis needs to be given to governance of corporate as
well as private and public sector.
Qamar Zaman Kaira said our
economic team enjoys full support of the government and the political
leadership. He said we have the courage and resolve to take tough
decisions to revive the economic growth of the country. He said
corruption is a global phenomenon and not limited to Pakistan only.
The
participants from various fields ranging from financial, technical,
economic, international, journalists, international funding
organizations (imf, adb), famous businessmen, international
organizations and high level officials of government deliberated on the
measures and suggestions to remove constraints to growth of Pakistan,
raising savings and investment while ensuring growth and broadening and
deepening the financial sector and addressing fiscal problems. Online
