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President Asif Ali Zardari on Thursday night met Finance Minister Hafeez Sheikh and Governor State Bank of Pakistan Shahid Hafiz Kardar here at Zardari House. Spokesperson to the President Farhatullah Babar said that the economic managers briefed the President about the state of economy and the steps being taken to address the challenges.
President Zardari said that during his meeting in Kuwait with Turkish President Abdullah Gul, he had offered to send his Minister to Pakistan to examine participation in the shares based bonds soon to be floated by Pakistan. The President stressed for early completion of preparations for floating bonds, he said. The President emphasised the need for enlarging social safety net for the poorest of the poor, broadening the tax base and giving special incentives for attracting remittances from overseas Pakistanis through regular banking channels.

Copyright Associated Press of Pakistan, 2011

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