ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has appreciated the Canadian investment in Pakistan and extended full support and cooperation of the government to enhance the economic relations between both the countries.
The resolve was expressed during a meeting between Minister for Finance Senator Mohammad Ishaq Dar and High Commissioner of Canada Ms Leslie Scanlon here in Islamabad on Tuesday. During the meeting, the Finance Minister commended the support of the Canadian Government for flood affectees in Pakistan.
The two sides discussed overall global economic situation as well as economic policies and programmes of the government in Pakistan. They exchanged views on enhancing bilateral relations in various avenues and cooperation in a number of fields including trade, investment and climate resilience.
The Finance Minister briefed the Canadian envoy about the economic outlook of the country and the challenges being faced by the country, coupled with huge losses due to the devastating floods last year.
He further shared that the government with its pragmatic policy decisions has not only arrested the economic decline but is also steering the economy towards stability and growth.
Ishaq Dar also shared that the government has taken difficult decisions in key sectors, including energy sector in order to reduce budgetary and current account deficits and increase the revenue generation.
The Finance Minister informed about the talks held with IMF Mission and reiterated the commitment of the government to complete the existing IMF program and fulfil all the international obligations.
On this occasion, the Canadian High Commissioner shared sentiments of deep rooted friendly relations between Pakistan and Canada saying that both countries enjoy excellent relations, which need to be further promoted especially on trade, investment and Climate resilience.
She informed about the newly developed strategy for the region through which Pakistan will be able to access for climate resilience and re-building. The Canadian High Commissioner supported the policies and programs of the government for socio-economic development and economic growth.
