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Washington: Acting MD of IMF calls on PM Imran Khan!

WASHINGTON: Acting MD of IMF David Lipton called on PM Imran Khan here at the Embassy of Pakistan. 

Foreign Minister Shah Mahmood Qureshi, Advisor on Finance Abdul Hafeez Sheikh and Advisor on Commerce Abdul Razak Dawood  were also present on the occasion.

Lipton later stated that PM Imran’s government faced mounting pressure as rising prices and tough austerity policies under Pakistan’s latest bailout from the IMF were squeezing the middle class that helped carry it to power: “Pakistan needs to mobilize domestic tax revenue now and on into the future to provide reliably for needed social and development spending, while placing debt on a firm downward trend.”

IMF 3The talks were focused on recent economic developments and implementation of Pakistan’s IMF-supported economic reforms.

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A relevant piece published earlier: 

Washington: PM Imran Khan to address public gathering at Capital One Arena!

 

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.