UBAI
http://www.kevindurantshoesaustralia.com , Nov. 8 (Xinhua) -- Minister of Finance of Pakistan Ishaq Dar said here on Saturday his country's economic conditions have improved based on governmental reforms and he was optimistic that additional International Monetary Fund (IMF) support worth 1.1 billion dollars would be made available by December.
Dar said he expected the economy of his country to grow by 5.1 percent in the fiscal year 20142015 which started on July 1, 2014.
The Minister spoke at a joint press conference to the media on the occasion of the IMF staff mission led by Jeffrey Franks, advisor in the IMF's Middle East and Central Asian department. The IMF has demanded reforms from the government to liberalize the economy and to ease restrictions on cross-border trade and foreign investments in exchange for more help.
Franks noted positively that Pakistan's inflation was "on a downward trajectory" and credit to the private sector was expanding "at a robust pace".