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Islamabad, July 07, 2023 (PPI-OT): In a significant development for Pakistan’s economic landscape, Ester Perez Luis, the International Monetary Fund’s (IMF) resident representative, met with the finance team of the Pakistan People’s Party (PPP), including Syed Naveed Qamar, the Federal Minister for Commerce, and Saleem Mandviwalla. The meeting held here in minister’s enclave, aimed to discuss the possibility of a standby agreement with Pakistan, which would have a profound impact on the nation’s financial stability. The PPP expressed its willingness to support the IMF program, citing larger national interests as the driving force behind their decision.
Syed Naveed Qamar, representing the party’s finance team, acknowledged the significance of the standby agreement in addressing Pakistan’s economic concerns. He reiterated the PPP’s commitment to working in harmony with the IMF to ensure the successful implementation of the program. The discussion between the IMF representative and the PPP finance team is seen as a positive step towards economic reform and stability in Pakistan.
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