Islamabad: Finance Minister Miftah Ismail informed the executive directors of the Asian Development Bank (ADB) that the incumbent government is working on structural reforms in order to promote sustainable economic growth, according to media reports published in the leading newspaper on May 17.
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The minister stated that ADB has supported the country in implementing development projects and pursuing reform agenda. He acknowledged the efforts and commitment of ADB to bringing critical reforms in important economic areas. During the meeting, Finance Minister Ismail highlighted the economic challenges being faced by the government.
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Moreover, ADB Executive Directors Noor Ahmed and Wan Farissan Bin Wan Suleiman, speaking at the occasion, affirmed their support for the reform agenda in the social, infrastructure, and financial sectors in the country. They reassured ADB’s commitment to supporting the implementation of development agendas like boosting competitiveness building resilience, fiscal management, and developing the private sector.