Friday, February 22, 2019
News

Pakistan PM leaves for global summit in Dubai

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Islamabad | Sunday, 2019 3:15:04 PM IST
Pakistan Prime Minister Imran Khan on Sunday left for a day-long visit to Dubai where he will participate in a global summit, the Foreign Office announced.

The World Government Summit is an annual gathering of heads of states and governments, policy makers and experts. It provides an opportunity to discuss improvement in governance through reform, innovation and technology.

Khan is expected to meet International Monetary Fund chief Christine Lagarde on the sidelines of the summit to discuss the conditions that have held up the fund's bailout programme, a Foreign Office spokesperson told Dawn news.

He will also meet United Arab Emirates Crown prince Sheikh Mohammed bin Zayed bin Sultan Al-Nahyan.

Khan is accompanied by Foreign Minister Shah Mahmood Qureshi and Finance Minister Asad Umar.

In his key note address at the summit, the Prime Minister will highlight his vision for a strong and prosperous Pakistan and will encourage investment in different sectors of the economy, the spokesperson added.

Regarding Khan's meeting with Lagarde, Foreign Minister Qureshi, while speaking to the media before their departure, said that Islamabad wanted to proceed with the bailout package under conditions that "will not add additional burden on the common man".

The IMF is asking for an adjustment of around 1,600-2,000 billion Pakistani rupees over three to four years, reports Dawn news.

It also wants some corrective measures to put Pakistan's economy on the right track after witnessing the highest-ever current account deficit.

The Fund has also asked for further monetary tightening as well as a complete free float of the exchange rate.

--IANS ksk/bg

( 272 Words)

2019-02-10-14:34:06 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE ASIA NEWS
Five children die from 'food poisoning' ...
Congress leader Rashid Alvi's meet with ...
China plays down UNSC reference on JeM...
Haryana committed to doubling farmers i...
Pakistan MP calls for peace, praises Kum...
Global revulsion against terrorism railr...
More...
 
INDIA WORLD ASIA
State govt extending all support to loca...
It's a task I am happy to do: Lt Gen DS ...
Caravan defamation case: Delhi court res...
Central govt wants to cancel cricket mat...
Vada pav seller contributes one-day sala...
Modi is Prime Time Minister, not PM: Rah...
More...    
 
 Top Stories
EU to remain India's largest tradin... 
BSES-EESL join hands to offer Delhi... 
IUML gets one Lok Sabha seat from D... 
Will defend Forest Rights Act: Trib... 
Nifty50's Friday jinx moderates but... 
Number of voters in Telangana goes ... 
Share pledging rises across sectors... 
75 Rohingya Muslims arrested in Ass...