Monday, November 17, 2008

IMF loan to bring good governance : PM

KARACHI: Prime Minister Yousuf Raza Gilani on Saturday defended the financial arrangement the government made with the International Monetary Fund (IMF), saying it will help bring good governance and better economic planning to the country. “This is not the first time that Pakistan has engaged with the IMF. During the last few governments, the IMF was very much there,” he said at the launching ceremony of the second part of a book titled ‘Shehrug’, a compilation of Dr Mirza Ikhtiar Baig’s newspaper columns on economic challenges and their possible solutions. He also defended the government’s policies in the economic and social sectors, saying, “Nothing is wrong with our policies and the economic crisis is an international phenomenon.”

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