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                            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.
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                            Introduction
 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 QuranOpening  remarks by Mr. Ashraf Mahmood Wathra, Governor SBPOverview  of Pakistan's economy by Senator Mohammad lshaq Dar,Federal  Minister for Finance, Economic Affairs, Revenue, Statistics and PrivatisationKeynote  speech by H.E. Christine Lagarde, Managing Director, lMFQ,&A.  SessionVote of  Thanks 
                            
                              |  | Keynote speechChristine 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)
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                              |  | 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”
 
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                              |  | Ashraf Mahmood WathraGovernor, 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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