Pakistan has gained macroeconomic stability, Ishaq Dar tells Turkish leadership

ISLAMABAD – Pakistan has achieved macroeconomic stability, Finance Minister Ishaq Dar says, and now the government is focusing on stimulating economic growth.

Talking to deputy prime ministers of Turkey, Yildirim Tugrul Turkes and Veysi Kaynak, at the Prime Minister’s House on Thursday, the minister acknowledged that the government and people of Turkey are always the first to reach and help Pakistan in our hour of need.

He said that, in recent years, the First Lady of Turkey has played a leading and exemplary role in providing help to mitigate the suffering of citizens affected by natural disasters in Pakistan, including earthquakes and floods.

He also praised the taxation model of Turkey and said that cooperation efforts are already being undertaken at the appropriate level to draw lessons from the Turkish experience.

Both sides appreciated the exemplary brotherly relationship between Pakistan and Turkey. It was agreed by both sides that all necessary measures should be undertaken to further enhance bilateral trade and economic cooperation.

Dar stated the improvement in Pakistan’s economy has been recognized by multilateral international organizations and international credit rating agencies, in the form of raised growth projections and credit rating upgrades.

The Turkish leaders congratulated the finance minister on the achievement of economic stability in Pakistan within a short span of time. Yildirim Tugrul Turkes said that Turkey had undertaken its tax reforms in a business friendly manner, adding that Turkey would be happy to assist Pakistan in any way possible with its tax reforms.–Agencies

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