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Hafeez Shaikh telephones IMF mission chief, discusses economic matters

ISLAMABAD: The prime minister’s adviser on finance, Abdul Hafeez Shaik,h on Saturday telephoned the International Monetary Fund (IMF) mission chief in Pakistan, Ernesto Ramirez Rigo, and discussed economic matters of the country, ARY News reported.

According to the Ministry of Finance, it was agreed during a conversation that talks with the IMF would continue.

The ministry said Mr. Shaikh and the IMF mission chief had a detailed conversation on an economic programme.

It says a delegation of the IMF will visit Pakistan by the end of April. Hafeez Shaikh also spoke to the IMF director during his conversation.

Read: Hafeez Shaikh says issued directives for new budget preparation

Earlier in the day, in his first public statement after taking charge of the Ministry of Finance, the adviser said he would speed up the talks process (for bailout package) with the International Monetary Fund.

Shaikh said that he has issued basic instructions for preparation of the medium term strategy paper for the upcoming budget.

Finance Adviser said that the targets for revenue and expenditure have been finalized.

Dr. Hafeez Shaikh has held a meeting with Prime Minister Imran Khan and briefed him about his conversation with the IMF officials, according to the sources.

President Arif Alvi on Friday approved the appointment of Abdul Hafeez Shaikh as Adviser to Prime Minister on Finance. He has been given the status of a federal minister.

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