Islamabad, September 08, 2022 (PPI-OT):Mr. Derek Chollet, Counsellor of the U. S. Department of State accompanied with H.E. Mr. Donald Blome, Ambassador of the United Stated of America to Pakistan called on Federal Minister for Finance and Revenue Mr. Miftah Ismail at Finance Division, today.
Finance Minister Mr. Miftah Ismail welcomed the delegation and shared about the mutual multi-dimensional ties between Pakistan and the US. The Finance Minister apprised the delegation of U.S. Department of State about the current overall macroeconomic outlook of the country. The Finance Minister also shared about administrative measures being undertaken by the present government for dealing with these challenging times.
He further apprised that due to devastating floods in the country, the economy is going through hard times that have damaged the agriculture sector and infrastructure badly. Mr. Miftah Ismail further enlightened the delegation that Pakistan’s path to sustainable economic growth has become narrow due to the devastation caused by the floods but present government’s top priority is to sustain the path of economic growth.
The Minister also apprised the delegation on the progress on World Bank’s programs in Pakistan namely RICE and PACE. Mr. Derek Chollet, Counsellor of the U. S. Department of State introduced his team and appreciated the efforts of the Finance Minister of Pakistan on undertaking various hard measures for setting the economy of Pakistan on trajectory of growth.
He also shared compassionate views over hard times being faced by Pakistan due to floods in Pakistan. Mr. Derek Chollet also acknowledged and encouraged the pragmatic efforts of present government in Pakistan being undertaken for sustaining the growth during such demanding times. The Finance Minister appreciated Mr. Derek Chollet, Counsellor of the U. S. Department of State for recognition and support.
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