Pakistan committed to addressing climate-related financing challenges: Dr Shamsad

ISLAMABAD: Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar on Sunday expressed the commitment of the government to addressing climate-related financing challenges in order to mitigate the adverse impact of climate change to attain sustainable growth and development.

The minister participated in the “V20 Ministerial Dialogue X” conducted for the most climate-vulnerable economies on the sidelines of the annual meetings of the World Bank and International Monetary Fund, said a press release. The discussions aimed at developing global strategies to avert the impending climate breakdown.

Dr Shamshad Akhtar expressed the commitment of the Government of Pakistan to addressing climate-related financing challenges and brought valuable insights to the dialogue, reinforcing Pakistan’s commitment to sustainable economic development and climate resilience.

Advancing economic prosperity, global cooperation

Meanwhile, Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar on Sunday underlined Pakistan’s commitment to advancing economic prosperity and global financial cooperation.

The minister participated in a high-profile meeting of Managing Director International Monetary Fund with the MENAP finance ministers and state bank governors in Marrakesh, said a press release issued by the Ministry of Finance. The discussions encompassed key global economic issues and collaborative efforts to strengthen financial stability.

Meanwhile, Federal Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar held a meeting with the S&P Global, the independent credit ratings agency.

During the meeting, the emphasized the government’s dedication to ensuring financial stability, improving fiscal governance and implementing reforms that will contribute to sustainable economic growth, said a press release issued by the Ministry of Finance.

 

 

 

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