Chinese policy makers have appreciated the macro-economic stability in Pakistan and staff level agreement with the IMF.
In meetings with high-ranking officials from the Chinese institutions in Beijing, Finance Minister Muhammad Aurangzeb and Minister for Power Sardar Awais Ahmad Khan Leghari briefed about the government’s reform agenda and engagement with the IMF.
The discussions focused on the significant strides made by Pakistan in improving its macroeconomic indicators by focused reforms in taxation, energy and privatization of the state-owned enterprises.
The reforms have already started showing their results, particularly, reducing inflation from 38 percent to 13 percent.
Source: Radio Pakistan