Minister for Finance Muhammad Aurangzeb has called for a more proactive and responsive global financial safety net to tackle the elevated risks due to climate change. He was speaking during meeting of Middle East and North Africa Ministers and Governors with the Managing Director IMF in Washington. The Minister highlighted geo-economic fragmentation and its impact on Pakistan and underlined the importance of review of surcharges policy and prioritizing resilience and sustainability trust in view of climate vulnerabilities. He thanked the IMF and its partners for their support in helping Pakistan respond to unprecedented challenges. The Minister welcomed the renewed emphasis of IMF on capacity building through regional capacity development centers. He underscored aggressive reforms including broadening the tax net, privatizing the loss making state owned enterprises (SOEs), expanding social safety net and facilitating the private sector. Source: Radio Pakistan
Home » Finance Minister urges global financial safety net to address climate change risks
Finance Minister urges global financial safety net to address climate change risks
- RECENT NEWS
IMF Board Approves Release of $1.1 Billion Loan for Pakistan
April 29, 2024
NA Passes Tax Laws Amendment Bill 2024
April 29, 2024
OGDC’s 9-Month Profit Up 7% to Rs. 171 Billion
April 29, 2024
MediaTek’s Next Flagship Chip Confirmed to Launch on May 17
April 29, 2024
Tandoor Owners Defy Government’s Naan Price Regulation
April 29, 2024
Rabia Ahmad Steps into CEO Role at Nutshell Group
April 29, 2024
Israeli Products Are Now Banned in Sindh High Court
April 29, 2024
How to Apply for CM Punjab Solar Panel Scheme
April 29, 2024
PTCL is Ending Charji Services in Over 25 Cities
April 29, 2024