Ishaq Dar meets President of World Bank, IMF officials

Washington: Finance Minister Ishaq Dar held a meeting with President and Vice President of World Bank.

During the meeting, Ishaq Dar informed about the flood situation in Pakistan. The meeting was attended by Ayaz Sadiq, Ayesha Ghospasha, Finance Secretary and Pakistani Ambassador.

The finance minister, in his meeting with President of World Bank David Malpass thanked the Bank for its continued support in the socio economic development of Pakistan. President Malpass assured that the Bank would continue to work with Pakistan to help it overcome socio-economic challenges due to the floods.

In a separate meeting with World Bank's Vice President for South Asian Region Martin Raiser, the finance minister thanked him for undertaking a visit to Pakistan to see first-hand the devastation caused by the floods.

Ishaq Dar also met with President of Islamic Development Bank Dr Muhammad Sulaiman Al Jasser and appreciated that the bank and Pakistan had remained trusted partners for decades. President Al Jasser appreciated the measures being taken by Pakistan's government to stabilize the economy while providing relief to the flood victims.

Meanwhile, Ishaq Dar in his meeting with the leadership of Deutsche Bank and J.P Morgan elaborated upon the government's vision to stabilize the economy while also providing relief to the flood victims. He assured that Pakistan is committed to completing the IMF's program.

While talking to Deputy Managing Director of IMF Ms Antoinette Sayeh in Washington DC, Ishaq Dar apprised her of the damages caused by the unprecedented floods in Pakistan. He also shared the government's vision for stabilizing the economy and carrying out sustainable and resilient recovery.

The International Monetary Fund has also appreciated Pakistan's policies and assured its continued support to the country.

Earlier, the minister also held a meeting with Counselor to US Secretary Treasury David Lipton on International Affairs in Washington. Pakistan’s Ambassador to US Masood Khan was also present on the occasion.