WASHINGTON - Pakistan will receive a record $ 13.5 billion in foreign remittances this year, Finance Minister Dr Abdul Hafeez Shaikh said Monday as he concluded a week-long visit to this capital city.Shaikh, who led Pakistani delegation to the annual IMF-World Bank spring gathering, told a press conference that his government’s policies are yielding results despite soaring international oil prices and uncertain global economic situation this year. Pakistan’s economy, he said, will grow at 4 percent of GDP the best in last five years. “Overseas Pakistanis posing confidence in Pakistan will send $ 13.5 billion this year, reflecting a 21 percent increase from last year’s $11.2 billion,” the finance minister said. Shaikh, who attended several World Bank and IMF forums and met with his counterparts from other countries as well as U.S. officials, said during his interactions, that he came away with a positive feedback and appreciation for the government’s policies. He recounted a host of positive indicators including six percent expansion in exports, which follow a 30 pc increase in exports last year, and a jump of 25pc in revenue collection in the last nine months from July to March. Besides a check on inflation and government austerity drive, have also helped ease pressures on the economy. At the same time, he said, Pakistan is fulfilling its debt repayment obligations and paying back an amount of $ 1.2b to the International Monetary Fund this year. Signifying confidence in Pakistan’s ability to bring development to its people, the World Bank will give an unprecedented $ 1.8b dollars to the country this year and the International Finance Corporation’s profile will reach 1b dollars for projects in energy, agricultural, financial, housing , agricultural storage areas.In addition, the finance minister said, the Asian Development Bank has reaffirmed its support for financing of Diamber Basha Dam. Shaikh also met with senior U.S. officials during the visit and discussed bilateral cooperation.