Finance Minister Asad Umar holds important meeting with World Bank Chief

*BALI – Finance Minister Asad Umar held an important meeting with theWorld Bank Chief in Indonesia.*

*He met President World Bank Dr. Jim Yong Kim on the sidelines of the WorldBank/IMF Group Annual meetings in Bali city of Indonesia on Wednesday.*

According to a statement issued by Ministry of Finance, Asad Umar sharedwith the World Bank leader, the vision of the new government and itspriorities and the current level of Pak-World Bank cooperation.

Earlier, the finance minister met his Indonesian counterpart Sri MulyaniIndrawati and discussed matters pertaining to expansion of bilateralcooperation between the two countries.

Asad Umar emphasized upon expanding Pak-Indonesia trade relations and nthis regard, called upon the Indonesian side to expedite the process ofratification of the additional tariff lines granted to Pakistan aftercomprehensive review of the PTA in 2017.

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Congratulating the finance minister on assuming the office after recentelections in Pakistan, Sri Mulyani Indrawati reaffirmed Indonesia’s desireto expand bilateral relations and assured her support to address the pointsraised by the Pakistan side.

The minister also had meetings with senior officials of MultilateralInvestment Guarantee Agency (MIGA) and OECD.