ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar has called for greater policy support from the International Monetary Fund (IMF) and multilateral donors in the backdrop of the climate-induced catastrophe and losses suffered by the country. He also thanked the IMF managing director for her sentiments and committed to complete the Fund programme despite challenges, according to press statement received here Sunday. The IMF managing director highlighted challenges faced by regional economies including from climate change events citing Pakistan’s damaging floods. The ADB president assured the finance minister of approval of BRACE programme amounting to US $1.5 billion and of continued support to Pakistan. Makhtar Diop assured the finance minister of IFC’s continued support to Pakistan.

Source: Pakistan Today October 16, 2022 23:33 UTC