Improved security situation given boost to economic activities: IMF

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Islamabad : Newly appointed Resident representative of IMF to Pakistan, Maria Teresa Daban Sanchez said on Wednesday improved security situation has given boost to economic activities.
She called on the Minister of State for Finance, Rana Muhammad Afzal here on Wednesday. The Minister welcomed the IMF representative and wished her a successful tenure in the country. He had exchange of views with her on the current macro- economic situation in the country and said all efforts were afoot to keep up the momentum of economic growth.
Ms. Maria Sanchez lauded efforts of the government for improving security situation in the country which has given boost to economic activities and enhanced confidence of the business community. She also appreciated government’s endeavours to increase exports that would help bring down trade deficit.
During the meeting the IMF representative also discussed with the Minister the spring meetings of the IMF and World Bank scheduled in April. She thanked the Minister for the warm welcome and expressed the desire to work in close cooperation with the government during her term.

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