Progress on operationalization of PDF, other initiatives reviewed

Finance Minister, Senator Ishaq Dar here on Monday held a meeting with senior officials of the Ministry of Finance to review progress on operationalization of Pakistan Development Fund and Pakistan Micro finance Investment Company (PMIC) as well as other initiatives introduced in Budget 2016-17.

The Minister was briefed on the progress made to-date for the initiation of various schemes. The Minister directed that the formalities of operationalisation and launching of these initiatives be completed at the earliest to make them functional within the first quarter of the fiscal year. He said that the Government is pursuing the objective of economic growth and these initiatives can contribute in achieving this objective.

The Minister was also briefed about the visit of CEO of Multilateral Investment Guarantee Agency (MIGA), who is currently visiting Pakistan and will be meeting the Finance Minister on Tuesday.

Source: Ministry of Finance