Economics & Business

IMF loan to improve balance of payment: Ch. Ghafoor

ISLAMABAD: Chairman National Commission for Government Reforms, Ch. Abdul Ghafoor has said that the International Monetary Fund loan would help build confidence of Friends of Pakistan and major powers of the world for providing further financial assistance to stabilize Pakistan’s economy.

In an interview he said the IMF loan will improve Pakistan’s balance of payments and will steer the country out of its current fiscal crisis. He said the IMF loan would also help generate more job opportunities and increase economic growth in Pakistan. The Chairman expressed the hope that the approval of IMF package for Pakistan would also strengthen the confidence of other financial institutions like World Bank.-SANA

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Nabeel Malik

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