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Thursday April 18, 2024

Security situation integral in economic survey of Pakistan: IMF

ISLAMABAD: International Monetary Fund (IMF) Director for Middle East and Central Asia, Masood Ahmed said the economic survey of Pakistan is conducted keeping in mind the security situation in the country.

Speaking at a seminar here, Ahmed said the IMF was aware that billions spent on security were putting pressure on Pakistan’s economy.

He added the IMF has issued directives

By GEO URDU
March 09, 2015
ISLAMABAD: International Monetary Fund (IMF) Director for Middle East and Central Asia, Masood Ahmed said the economic survey of Pakistan is conducted keeping in mind the security situation in the country.

Speaking at a seminar here, Ahmed said the IMF was aware that billions spent on security were putting pressure on Pakistan’s economy.

He added the IMF has issued directives to Pakistan to decrease expenses and to focus on health and education in the budget. The IMF has also directed Pakistan to take necessary measures to increase tax revenue.