Asad Umar-led delegation holds meetings with IMF, World Bank officials


WASHINGTON: A delegation of Pakistani officials led by Finance Minister Asad Umar held meetings with high-level officials of the World Bank and the International Monetary Fund  in Washington on Wednesday on the sidelines of the annual Spring Meetings.

The Pakistani delegation comprises State Bank Governor Tariq Bajwa, Finance Secretary Younas Dagha, and Economic Affairs Secretary Noor Ahmed, among others. The delegation reached the US capital on Tuesday evening and is expected to stay for two days.

The delegation discussed various economic and development projects with the World Bank President David Malpass, IMF Executive Director Christine Lagarde, and IMF Deputy Managing Director Tao Zhang, according to embassy officials. The finance minister is expected to further deliberate on the terms of a multi-year support funding from the IMF.

During the meeting, Malpass appreciated Pakistan’s efforts for reforms and assured that World Bank will continue its assistance.



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