By NNN-APP,
Washington : The government is committed to restoring macroeconomic stability in the country as the economic fundamentals are still strong as demonstrated by the economic performance during the last quarter, Prime Minister Yusaf Raza Gilani said here in his meetings with top US, World Bank and IMF officials.
“There is political ownership for continued reforms and establishing social safety nets to mitigate the impact of rising oil and commodity prices,” he said.
The Prime Minister was conversing with World Bank President Robert Zoellick, Managing Director International Monetary Fund John Lipsky and US Energy Secretary Henry Paulson, who called on him.
They were apprised of the current economic situation of Pakistan, impact of surge in oil and commodity prices on the macroeconomic imbalances, and the measures that are being taken by the government to correct the imbalances. The energy infrastructure needs of Pakistan were also highlighted at the meetings.
The officials assured the government of all possible assistance to Pakistan to get out of the difficult situation.
The US government also agreed to look at the proposal of establishing an infrastructure facility through US EXIM Bank for infrastructure and energy investment in Pakistan.
They expressed strong partnership for development and support for Pakistan.