The Managing Director, International Monetary Fund (IMF), Ms. Christine Lagarde attended an event on Emerging markets and the world economy hosted by State Bank of Pakistan.


The Managing Director, International Monetary Fund (IMF), Her Excellency Ms. Christine Madeleine Odette Lagarde, visited Pakistan from October 24, 2016 and to benefit from her presence the State Bank of Pakistan hosted a seminar on Emerging markets and the world economy with a keynote speech by her. This seminar provided an opportunity to directly hear views of Ms Lagarde on the role and prospects of emerging markets in the global economy .

At this occasion, the Finance Minister, Senator Muhammad Ishaque Dar also shared his views on the benefits of recently successfully concluded IMF program and the prospects of Pakistan s economy .

The Governor State Bank of Pakistan gave a welcome address highlighting the contributions of SBP in the successful completion of IMF program and highlighted the important financial sector related reforms that are going to play a significant role in making the financial sector more robust.

The seminar was attended by policy makers, financial sector specialists, eminent businessmen and representatives of academia and media.

Program Details
Monday, 24 October, 2016 at Marriot Hotel, lslamabad

  • Recitation from the Holy Quran
  • Opening remarks by Mr. Ashraf Mahmood Wathra, Governor SBP
  • Overview of Pakistan's economy by Senator Mohammad lshaq Dar,
  • Federal Minister for Finance, Economic Affairs, Revenue, Statistics and Privatisation
  • Keynote speech by H.E. Christine Lagarde, Managing Director, lMF
  • Q,&A. Session
  • Vote of Thanks

Keynote speech
Christine Lagarde
Managing Director, International Monetary Fund (IMF)

“This is a moment of opportunity for Paksitan, a country undergoing an economic transformation that can place it well among the ranks of emerging market economies”

(click to read full speech)


Muhammad Ishaq Dar

Finance Minister, Government of Pakistan

"...her (Christine Lagarde) visit is an acknowledgement of the economic reform agenda undertaken by the government during the last three years”


Ashraf Mahmood Wathra
Governor, State Bank of Pakistan

“These (economic) reforms and range of other actions taken by the government have produced concrete results. These have not only helped the country to build the foreign exchange reserves…but also supported a sustained increase in tax revenues, lower fiscal deficit, and a significant reduction in direct fiscal borrowings from State Bank of Pakistan."

(click to read full speech)


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