Tuesday, April 13, 2010

ovt will pursue economic reforms agenda: Zardari

Posted by muhammad imran

ISLAMABAD: President Asif Ali Zardari said on Tuesday that the government will pursue its economic reforms agenda for macroeconomic stability despite constraints.

Talking to Mr. Adnan Mazarei, head of the IMF mission for Pakistan, Zardari said that Pakistan is taking all possible measures to accelerate progress in strengthening and extending the scope of the social safety net system.

The president also highlighted various economic measures being taken by the government to stabilize the economy and to provide relief to the poor people.

Zardari said that the war against the militants had inflicted great losses to the economy and left the government with no option but to take a number of unpopular decisions.

He said that the government would stick to its policies of fiscal discipline, critical tax reforms, energy sector reforms, flexible exchange rate and expenditure rationalization.

Mazarei said that the mission appreciated the measures taken by the government for economic recovery and was aware of the difficulties it faced.

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