Washington/islamabad - Finance Minister Senator Mohammad Ishaq Dar met Ms Sarah Bloom Raskin, Deputy Secretary of Treasury Department, on Friday and apprised her of Islamabad’s fiscal discipline and focused approach for economic revival of the country.
As a result of the government’s efforts, he said, all macroeconomic indicators reflect solid recovery. According to the Pakistani embassy, Ms Raskin congratulated Finance Minister on successful 6th review of IMF Program. She appreciated the performance of the government and observed that continuity of such policies will certainly deliver dividends improving the life of common people in Pakistan. She expressed confidence that economic growth will be taken to a higher trajectory in next 3 years.
The finance minister also met with. Adam J Szubin, Under Secretary of the US Treasury Department. Szubin congratulated Pakistan on its removal from FATF Blacklist. He observed that this was possible due to the efforts made by the Government of Pakistan to control terrorist financing and money laundering. He expressed the hope that Pakistan would support US efforts to curb this menace.  
Meanwhile, Dar said that government was keen to resolve all issues of the investors so that they could support government’s efforts to achieve higher growth and generate employment opportunities in the country.
According to a statement issued by the Ministry of Finance here on Friday, the minister briefed US investors and businessmen regarding economic situation of Pakistan, under the auspices of US-Pakistan Business Council (USPBC), in Washington-DC.
Attracting the investment was one of the top priorities of the government as it was not possible to achieve higher growth target without increasing investment to GDP ratio in the economy, he added. Finance Minister also apprised the US investors about positive economic growth indicators.
Meanwhile, Dar also met Chairman US Exim Bank Fed Hochberg and his team in Washington and discussed financing options in Pakistan. Finance Minister thanked President Exim Bank on approval of financing facility for repair of PIA engines.
Dar also informed the Chairman Exim Bank that Pakistan has now become eligible for International Bank for Restructuring and Development loans as a result of improvement in macro indicators and Pakistan’s rating from Stable to Positive by independent agencies like Moody’s.
Finance Minister, therefore, asked Exim Bank to reconsider Pakistan’s rating and offer terms being offered to other countries in the region.
Chairman US Exim Bank, Fred Hochberg appreciated the much improved performance of Pakistan economy and expected that in the annual country assessment due in Fall, Pakistan will have a better risk assessment.
Chairman Exim Bank recalled that Pakistan had availed 12-year financing facility for purchase of Boeing 777 aircrafts some 10 years back, repayment of which was nearing completion. Chairman Exim Bank stated that if PIA will apply for a similar 12-year financing facility for purchase of aircrafts, then Exim Bank will definitely consider it.
Chairman Exim Bank observed that US investors had become more interested in investing in Pakistan due to its economic policies and Exim Bank will finance viable projects.