Finance minister participated 11th informal meeting of SAARC



Japan, May 05 (APP): Finance Minister Ishaq Dar here on Friday participated in the 11th informal meeting of SAARC on the sidelines of the ADB conference at Yokohama Japan.
Speaking at the meeting, the Finance Minister expressed confidence that SAARC would make progress towards realizing true potential and regular meetings of economic leaders would help enhance economic cooperation among member states for promotion of trade and improving quality of life of our people who accounted for 1/5th of the world’s population.
The Finance Minister emphasized that intra-regional trade is far below its potential and there is need to expedite the process of the trade liberalization program under SAFTA.
The Finance Minister also highlighted the positive economic indicators including growth in GDP and substantial decrease in fiscal deficit.
He stated that due to economic stability Pakistan is said to be all set to join G-20 in 2030.
APP/ Saeeda /sohail