IMF mission briefed about CPEC, PSDP

04 May, 2019

Mission Chief International Monetary Fund (IMF) Ernesto Rigo Friday held a meeting with Secretary Planning, Devel-opment and Reform Zafar Hasan and discussed Public Sector Development Progr-amme (PSDP), China Pakistan Economic Corridor (CPEC) and other aspects of planning, including macro-economic policies.
Project Director Hassan Daud, Chief Macroeconomic Zafar-ul-Hassan and senior officials of the ministry were also present in the meeting. The two sides exchanged views on the growth targets and policy adjustments to keep the growth momentum.
The secretary planning gave a comprehensive overview of the planning process and the CPEC programme. The two sides shared the measures to create growth through both external and internal balance. The role of Pakistan Bureau of Statistics was also discussed in the meeting.
While talking to Business Recorder, Advisor for Federal Budget Development Planning Asif Sheikh said, "We briefed the IMF Mission about the functions of PSDP and CPEC projects." He said that the Planning Commission informed the IMF Mission that the federal government assists the provinces on mega infrastructure projects.
He said the federal government does not assist the provinces regarding the projects of primary education and health. He said that it is responsibility of provinces to start projects relating to health, education and drinking water.

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