KARACHI: In collaboration with the friendly countries, Pakistan has got rid of economic crisis and its economy has been set on the right direction, says State Bank of Pakistan Governor Tariq Bajwa.
Addressing a ceremony at a private university in Lahore, Tariq Bajwa said that the alarming bells about Pakistan’s economy had been stopped and added that the current government was capable to meet all economic challenges.
He said that the current government under the leadership of Prime Minister Imran Khan successfully brought the country out of economic crisis with the help of friendly countries including, China, Saudi Arabia, UAE and others.
The SBP governor said that the government had devised a comprehensive plan to eliminate the current account deficit and the work in this regard was in progress. He said that the prevailing government was also in contact with the International Monetary Fund for a bailout package to minimise the current account deficit.
He said that capacity building was being developed to tackle the huge number of pending cases and for their speedy decisions.
Prime Minister Imran Khan had held a one-on-one meeting with Saudi Crown Prince Muhammad bin Salman (MBS) at the Prime Minister in Islamabad on February 17.
The meeting between the prime minister and the visiting dignitary took place in a cordial atmosphere.
Afterwards, the two leaders had witnessed signing of memorandums of understanding (MoUs) in diverse fields of cooperation between Pakistani and Saudi ministers.
