Tuesday, 18 June 2019, 02:16:58 am
Finance Minister, President of World Bank review current level of cooperation
October 10, 2018

Finance Minister Asad Umar has held meeting with President of World Bank, Dr. Jim Yong Kim on the sidelines of the World Bank and IMF Group Annual meetings in Indonesia.

During the meeting, the current level of cooperation between Pakistan and World Bank was reviewed.

The Finance Minister shared with the World Bank leader, the vision of the new government and its priorities.

The Minister also had meetings with senior officials of Multilateral Investment Guarantee Agency and Organisation for Economic Co-operation and Development.

During his meeting with the Indonesian counterpart, Sri Mulyani Indrawati, Asad Umar emphasized the need to expand trade relations between Pakistan and Indonesia.

He called upon the Indonesian side to expedite the process of ratification of the additional tariff lines granted to Pakistan after comprehensive review of the PTA in 2017.

Sri Mulyani Indrawati reaffirmed Indonesia's desire to expand bilateral relations and assured her support to address the points raised by the Pakistan side.

They also discussed matters pertaining to expansion of bilateral cooperation between the two countries.

The Finance Minister is leading Pakistan's delegation, consisting of the Governor State Bank, Secretary Economic Affairs Division and Special Secretary, Finance Division.

Over 15,000 delegates from 189 countries are currently gathered at Bali, Indonesia for IMF and WB Group Annual meetings.