ISLAMABAD: Federal Minister for Finance and Revenue, Dr Abdul Hafeez Shaikh has said that Pakistan’s agreement with the International Monetary Fund (IMF) will not only help boost exports but also economic growth.
Talking to media outside the Election Commission of Pakistan, the minister said the staff-level agreement between IMF and Pakistan would help improve exports and investments and lead the country towards economic growth.
Hafeez Shaikh said owing to this agreement, investors from across the globe and capital markets would be attracted towards Pakistan.
The finance minister said PM Khan had only one interest that was to make Pakistan prosperous and increase its respect on the globe and added it was the main factor that distinguished the PTI and its leadership from other parties.
On Tuesday, the IMF and Pakistan reached the staff-level agreement on second to fifth reviews of the country’s reform program under ‘extended fund facility. This agreement is subject to the approval of the IMF’s executive board and after the completion of reviews around US$500 million would be released.
Talking about the Senate elections, Hafeez Shaikh said it was the democratic right of every individual and party to hold their opinion and take part in elections.
“Eventually the electorate; and in our case, the members of National Assembly will decide who will be the member of Senate,” Shaikh said and expressed the hope that Pakistan Tehreek-e-Insaf would win.
He said it was the democratic right of every individual and party to hold their respective opinion and take part in Senate elections if they wish. Sheikh was given a ticket by PTI on the general seat for Islamabad and his nomination papers were approved by the ECP today.
Minister for Finance & Revenue Dr.Abdul Hafeez Shaikh's @a_hafeezshaikh media talk pic.twitter.com/uYFmZ9kuFd
— Ministry of Finance, Government of Pakistan (@Financegovpk) February 17, 2021
