PM Shehbaz, IMF chief discuss Geneva huddle in ‘constructive’ call

admin 9 January, 2023
Updated 2023/01/09 at 6:15 AM
4 Min Read
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Screenshot 2148

IMF delegation expected to meet with Finance Minister Ishaq Dar on sidelines of Geneva conference

Prime Minister Shehbaz Sharif mentioned the International Conference on Resilient Pakistan to be held in Geneva in a “constructive” telephone call with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, said the Fund’s spokesperson on Sunday.

Earlier this week, the IMF chief turned down PM Shehbaz’s invitation to attend the convention however expressed willingness to attend the huddle in reality.

The IMF spokesperson said Georgieva explained throughout the call that “she can handiest be able to be a part of the convention really” because of the IMF board meetings scheduled for January 9-10. She additionally reiterated assist for Pakistan’s efforts to construct a more resilient healing whilst expressing sympathy to the ones without delay stricken by the floods.

“The IMF delegation is expected to meet with Finance Minister Ishaq Dar at the sidelines of the Geneva convention to talk about first rate troubles and the path forward,” a declaration of the IMF spokesperson said.

PM Shehbaz will lead a excessive-degree delegation to Switzerland wherein he will co-host the convention at the side of United Nations Secretary-General Antonio Guterres, beginning on January nine. The convention will assist mobilise global assist to assist Pakistan’s humans and authorities get better more correctly from the devastation caused by recent floods.

Pakistan will present the Resilient Recovery, Rehabilitation and Reconstruction Framework (4RF) at the conference, and are seeking for global support and lengthy-term partnerships for its implementation.

The 4RF record outlines a prioritised and sequential plan, described on the federal and provincial stages, and consists of the monetary mechanism and institutional preparations for its execution in an open, obvious and collaborative manner.

The prime minister and UN secretary wellknown will even hold a joint press stakeout.

At the conference, the surest will outline Pakistan’s vision for rehabilitating the affected populace and reconstructing the broken infrastructure in a resilient manner with the help of development companions, and the us of a’s transition toward a greater dynamic and sustainable economic development model.

Federal ministers from Pakistan will intricate on the 4RF document and additionally present Pakistan’s lengthy-term plan for constructing weather resilience and edition. The perspectives of the 4 provinces might be articulated by using their representatives.

Heads of nation and government, ministers and high-stage representatives from several countries and International Financial Institutions, foundations and price range, in addition to from worldwide development businesses, non-public sector, civil society and INGOs will participate in the convention.

The convention will help Pakistan in forging an extended-time period partnership with its buddies and improvement companions on the premise of 4RF report and function an indication of worldwide team spirit with the people of Pakistan as they start the journey towards rebuilding their lives and livelihoods.

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