Finance Minister Ishaq Dar meets World Bank President in Washington
April 23, 2017
WASHINGTON: Finance Minister Ishaq Dar on Sunday met with President of the World Bank Jim Yong Kim at the financial institution’s headquarters in Washington DC.
The meeting came as policymakers gathered in Washington for the semi-annual meetings of IMF and World Bank member countries.
The one-on-one meeting was held in a positive environment and the finance minister would give a briefing on it later.
Following the meeting between Dar and President World Bank, the Pakistani delegation also held a separate meeting with the financial institution’s delegation.
Earlier, Dar met with Saudi Finance Minister Mohammad Aljadaan and congratulated him on assuming the office.
During the course of the meeting, Saudi Finance Minister stated that Saudi economy is gradually shifting reliance on oil so that it's less affected by oil shocks.
Finance ministers and central bank governors from the Group of 20 major economies, known as the G20, have gathered in Washington to attend the April 21-23 conference.
The ministers of the G20 are also holding meetings on the sidelines of the conference. The IMF-WB annual conference is attended by finance ministers, central bank heads, and top officials of finance departments of the member countries.
Earlier on April 13, US Ambassador to Pakistan, David Hale had expressed hope that Dar’s visit would be conducive to the ties between the two countries.
In the meeting, matters related to the finance minister’s presence at the IMF-WB meeting were discussed. Ambassador Hale had also said that the meetings would help fortify bilateral relations and pave way for betterment in economic and trade activities.
