IFC praises Pakistan’s economic turnaround, issuance of Rupee Bonds discussed

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IFC praises Pakistan’s economic turnaround, issuance of Rupee Bonds discussed

WASHINGTON, April 17 (APP): The Executive Vice President of the
International Finance Commission (IFC), Philippe Houerou praised economic policies and strict financial discipline of the Pakistan government that has brought about a turnaround in the country’s economy.

In a meeting with the Pakistani delegation, led by Finance Secretary Dr. Waqar Masood Khan who called on him, the IFC’s Vice President appreciated the improvement in macro indicators and growth rates.

Attributing the turnaround to the sound economic policies and strict financial discipline of the government, Mr. Houerou assured all support from IFC in the financial and energy sectors. He also discussed with the delegation the issuance of Rupee Bonds in Pakistan.