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IMF sees surge in Pak economy

WASHINGTON: The International Monitory Fund says the Nawaz Sharif government has cut the load shedding hours and Pakistan...

AFP
April 12, 2014

WASHINGTON: The International Monitory Fund (IMF) says the Nawaz Sharif government has cut the load shedding hours and Pakistan has seen a surge in its economy. The IMF said the government has collected more taxes and it seems economic reforms will continue.

Talking to Geo News, IMF Pakistan Mission head, Jeffrey Franks said: “We are approving loan since the Nawaz- government seems resolved to introduce economic reforms.” He said that in the past IMF programs with Pakistan could not succeed as the governments in Islamabad got loans in difficult times but forgot their promises.




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