ISLAMABAD -  The United States (US) and United Kingdom (UK) on Friday congratulated Pakistan on completing IMF’s 3-year Extended Fund Facility and appreciated the comprehensive and far-reaching reforms in the economy, which had made it possible.

US Ambassador David Hale and British High Commissioner Thomas Drew called on Finance Minister Ishaq Dar separately at Finance Ministry. US Ambassador and British High Commissioner congratulated the finance minister on the successful completion of the IMF programme.

Finance minister, while talking to US ambassador, stated that Pakistan would continue its reforms agenda and growth trajectory going forward. They also discussed finance minister’s forthcoming visit to Washington DC for annual meetings of World Bank Group and IMF. During the visit, finance minister will also hold bilateral meetings in US Departments of State and Treasury besides addressing a couple of think thanks. He will also lead the Pakistan delegation in the meeting of Pakistan-US Economy and Finance Working Group.

Ambassador Hale hoped that finance minister’s visit would be fruitful for increasing bilateral economic cooperation between the two countries.

In his meeting with British High Commissioner, Ishaq Dar informed him about the reform and consolidation process Pakistan is passing through. The High Commissioner was accompanied by Ms Louise Walker, head of DFID Pakistan.

Dar said that our objective is to achieve inclusion of the unserved people and assure sustainability of the current momentum of economic growth and consolidation. He said that Pakistan has already made considerable progress in the areas of economy, energy, and security. The minister appreciated Pakistan's relation with UK and hoped to strengthen the relations further.

The High Commissioner stated that there was considerable untapped potential to increase bilateral trade and investment between Pakistan and the UK. He assured that post-Brexit, the UK would maintain its facilities offered to Pakistan and the economic ties would be further strengthened through deeper bilateral trade and investment agreements.

He said that Pakistan had a sizeable market, adding that UK enjoyed strong political relations with Pakistan and both these factors would enable Pakistan-UK trade talks to gain momentum. The High Commissioner appreciated the structural reforms undertaken by the government in the energy and financial sectors.

The finance minister appreciated the development partnership with DFID and said that he looked forward to continuing this partnership.