Peshawar: Finance Minister Asad Umar has confirmed that Pakistan is close to signing an agreement for economic assistance package with the International Monetary Fund.
Finance Minister was addressing a ceremony at Chamber of Commerce and Industry in Peshawar on Monday.
Asad Umar said this a day after Prime Minister Imran Khan held meeting with IMF chief on the sidelines of World Governments Summit in Abu Dhabi.
After getting assurances from Prime Minister Imran Khan for undertaking structural reforms, the IMF’s Managing Director, Christine Lagarde, reiterated the Fund’s readiness to support Pakistan.
Asad Umar went on to say that IMF has shown flexibility on its position.
He said, “PTI government will simplify the tax procedure in order to widen the tax net.”
Asad Umar while underscoring the importance of increasing trade with neighboring countries said Pakistani products have a huge potential in Iran, Afghanistan and other countries of the region, Radio Pakistan reported.
Islamabad looking forward to further broaden ties with Washington in all fields, says Foreign Office
House rent, judicial allowance of SC and high court judges also witnessed exponential increase
Omar Ayub says PTI to continue democratic protests against government’s mishandling of national affairs
"We fully agree with Chinese approach of combining development with security," says Mohsin Naqvi
Assistant commissioner describes the incident as a "departmental misunderstanding"
Day marks birth anniversary of Dr Allama Mohammad Iqbal