Approval of sixth tranche by the IMF is encouraging: Shaukat Tarin

ISLAMABAD, Feb 03 (SABAH): Finance Minister Shaukat Fayaz Ahmed Tarin has said the approval of sixth tranche by the IMF is encouraging saying it will bring stability in the country’s economy and currency.

In a video statement on Thursday, he said this indicates that the international lender agrees to Pakistan’s economic strategy.

Regarding Prime Minister Imran Khan’s visit to China, the Finance Minister said we will ask China to relocate its industries to Pakistan. He said our Special Economic Zones are ready and we want China to establish industries there which will be a win-win for both the countries.

The Finance Minister said Pakistan will also seek Chinese cooperation in the agriculture sector.

Meanwhile Minister for Information and Broadcasting Chaudhary Fawad Hussain has expressed the confidence that the visit of Prime Minister Imran Khan to Beijing will further expand Pakistan-China relations.

Briefing the media persons in Islamabad on Thursday, ahead of Prime Minister Imran Khan’s visit, he said Pakistan-China relations are higher than the Himalayas and deeper than the oceans.

The Information Minister said Prime Minister Imran Khan will hold meetings with the Chinese President and the Chinese Premier. In addition, he said the Prime Minister is scheduled to meet the Chinese investors and businessmen.

He said more Chinese businessmen will come and shift their industries to Pakistan after the visit of the Prime Minister.