Dar for completing formalities for launching of PDF, PMIC

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Dar for completing formalities for launching of PDF, PMIC

ISLAMABAD, Jul 18 (APP): Finance Minister, Muhammad Ishaq Dar on Monday asked for completing the formalities of operationalisation and launching of Pakistan Development Fund (PDF) and Pakistan Micro finance Investment Company (PMIC) at the earliest to make them functional within the first quarter of the fiscal year.

The minister held a meeting with senior officials of the
Ministry of Finance to review progress on operationalization of PDF and PMIC.

The meeting also discussed other initiatives introduced in
Budget 2016-17, said a statement.

The minister was briefed on the progress made to-date for the initiation of various schemes.

He said the government is pursuing the objective of economic growth and these initiatives can contribute in achieving this objective.

The minister was also briefed about the visit of CEO of
Multilateral Investment Guarantee Agency (MIGA), who is currently visiting Pakistan and will be meeting the Finance Minister on Tuesday.