Diplomatic US Ambassador calls on Finance Minister - Pakistan News Digest

Diplomatic US Ambassador calls on Finance Minister

Islamabad: US Ambassador Mr. Richard Olson, called on Federal Minister for Finance, Dr. Abdul Hafeez Shaikh here Wednesday and discussed issues of mutual concern.

The Finance Minister informed the US Ambassador that welfare of the poor segments of the society remains the top priority of the democratic government and that efforts have been made to provide necessary funding for uplift of the masses.

He said that despite financial constraints, adequate funds are being provided for public welfare projects.

The Minister informed the Ambassador that the government has reached to the poorest of the poor to provide them relief under a number of initiatives including Benazir Income Support Program which is being successfully carried out to reach to the target communities.

Dr. Abdul Hafeez Shaikh further said despite energy scarcity and not an ideal security situation in the country, the economic indicators are showing positive trends which reflect resilience of the Country’s economy.

He said that due to successful economic policies of the government, Pakistan is witnessing lowest inflation rate in the region and Karachi Stock Exchange has emerged as the best performing Stock Exchange in the world.

The US Ambassador Mr. Richard Olson said that economics stability of Pakistan is an encouraging sign. He informed that the United States is assisting Pakistan in many public welfare projects and will continue to do the same in future to further cement the relations between the two people.

The Ambassador said that the US values its relations with Pakistan and would continue to move forward in a number of mutually beneficial areas.

Both the sides reaffirmed their commitment to enhancing economic relations to the full potential of the two countries.

   

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