Govt's re­forms en­dured eco­nomic change in coun­try: Dar

The Pak Banker - - FRONT PAGE -

World Bank has lauded Pak­istan gov­ern­ment poli­cies to sta­bilise the econ­omy and to im­prove growth rate. Man­ag­ing Di­rec­tor and Chief Op­er­at­ing Of­fi­cer World Bank Sri Mulyani In­drawa­tiand af­ter her ar­rival in Is­lam­abad said the coun­try now needs to sus­tain re­forms. Dur­ing a three-day visit to Pak­istan, Man­ag­ing Di­rec­tor will meet the Pak­istani lead­er­ship to up­date her­self on the re­form pro­gramme and dis­cuss what sup­port the World Bank can pro­vide for it.

Fi­nance Min­is­ter Ishaq Dar has said gov­ern­ment's re­forms en­dured eco­nomic change in the coun­try. He was ad­dress­ing a joint news con­fer­ence with Man­ag­ing Di­rec­tor of the World Bank Sri Mulyani In­drawati in Is­lam­abad on Mon­day.

He said In­ter­na­tional Bank for Re­con­struc­tion and De­vel­op­ment and other or­ga­ni­za­tions are co­op­er­at­ing with Pak­istan. He said eco­nomic change has oc­curred in Pak­istan in two years due to gov­ern­ment's sa­ga­cious eco­nomic poli­cies. The Min­is­ter ap­pre­ci­ated World Bank for ex­tend­ing max­i­mum co­op­er­a­tion in energy sec­tor and Dasu Dam.

Speak­ing on the oc­ca­sion, Sri Mulyani In­drawati said Pak­istan is mov­ing on the path of de­vel­op­ment.

Mean­while, The Min­istry of Com­merce would es­tab­lish Gen­er­al­ized Sys­tem of Pref­er­ence (GSP) Plus Sup­port Mech­a­nism Unit to part­ner with the pri­vate sec­tor and Non-Gov­ern­men­tal Or­ga­ni­za­tions to pro­ject the ini­tia­tives taken for bet­ter hu­man rights record.

The min­istry would also train of­fi­cials in the pro­vin­cial law, hu­man rights, mi­nori­ties, women rights and other rel­e­vant de­part­ments to com­pile achieve­ments made at the leg­isla­tive front in the hu­man rights. This was de­cided in a meet­ing of the Treaty Im­ple­men­ta­tion Cell which was chaired by the Min­is­ter for Com­merce, Engr. Khur­ram Dast­gir Khan here on Mon­day.

Ad­vi­sor to Prime Min­is­ter on Law, Ashtar Ausaf Ali, rep­re­sen­ta­tives of Min­istry of Law, For­eign Af­fairs, Over­seas Pak­ista­nis and Hu­man Re­source De­vel­op­ment, Cli­mate Change, Anti Nar­cotics Force, FIA and Pro­vin­cial Law De­part­ments par­tic­i­pated in the meet­ing, said a state­ment is­sued by the Min­istry of Com­merce here.

The in­cen­tives granted by the Euro­pean Union to Pak­istan through GSP Plus comes un­der the head of 'Spe­cial In­cen­tives for Sus­tain­able De­vel­op­ment and Good Gov­er­nance'.

Last year, the Prime Min­is­ter es­tab­lished a treaty Im­ple­men­ta­tion Cell which was headed by Ashtar Ausaf Ali to over­see the im­ple­men­ta­tion of UN Con­ven­tions on hu­man rights in all the con­stituent units of Pak­istan.

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